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Senate Committee Lowers Global Tax On Offshore Income

By Alex M. Parker (November 15, 2017, 8:43 PM EST) -- Senate tax writers tweaked anti-abuse rules in their tax plan Tuesday, lowering a tax rate on intangible offshore income for the first 10 years but raising it, and other base erosion taxes, in 2025 unless the U.S. Treasury hits certain revenue targets....

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