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GE Can Claim Credit For $158M In US Tax, UK Tribunal Says

By Kevin Pinner ( June 29, 2023, 3:14 PM EDT) -- A General Electric subsidiary can claim a nearly £125 million ($158 million) credit for U.S. federal income taxes after a U.K. tribunal Thursday found that the subsidiary was a U.S. resident under the countries' double tax treaty, overturning a lower court's decision....

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