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IRS Proposes Adjusting Rules For Foreign Acquisitions

By Natalie Olivo (December 2, 2016, 6:53 PM EST) -- The Internal Revenue Service on Friday said that it will unroll new regulations covering transactions involving at least one foreign corporation in which a subsidiary uses its parent company's stock to acquire another company, saying that some taxpayers are using these transactions to avoid incurring U.S. tax....

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