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US Slams Ingersoll's Bid for $25M Foreign Tax Credit

By Natalie Olivo (March 5, 2018, 9:01 PM EST) -- The U.S. government on Friday hit back against Ingersoll-Rand Co.'s suit accusing the Internal Revenue Service of wrongly disallowing a $25 million credit for Swiss taxes paid by a foreign subsidiary, telling a North Carolina federal judge that the company is trying to "double its benefit."...

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