Tax Bill Has ‘Opaque’ New Tax for Some Multinationals
From Bloomberg, In Print — Nov 2nd, 2017
Henrietta Treyz, managing partner and director of economic policy at Veda Partners, calls the new House tax proposal on foreign earnings “purposely opaque,” noting that multinationals are pushing to avoid being hit hard by the measure’s 10% levy on so-called “high returns” from overseas subsidiaries.
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