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Foreign Credits At Risk In Senate Tax Bill, Analysts Say

By Natalie Olivo ( November 16, 2017, 7:25 PM EST) -- A provision in the Senate's version of the Tax Cuts and Jobs Act requiring U.S. multinationals to calculate their foreign tax credits on an annual basis means that companies could end up with unusable leftover credits and bookkeeping anomalies due to mismatches with other countries' accounting rules, tax specialists say....

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