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Analysis

IRS Loss Over Foreign Profit Is Boon For US Middle Market

By Vidya Kauri (July 20, 2017, 9:41 PM EDT) -- A stinging loss for the Internal Revenue Service that occurred when the U.S. Tax Court rejected the agency's 26-year-old stance on taxing foreign investor profits from partnership interest sales could simplify investment structures and encourage middle-market growth in the U.S....

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