By Rick Minor ( March 29, 2019, 5:29 PM EDT) -- The U.S. Department of the Treasury has now published detailed guidance on a significant U.S. corporate tax rate benefit for any U.S. company that conducts direct sales of property and/or services to foreign persons for foreign use. The tax rate benefit is achieved through a deduction of 37.5 percent from a direct foreign sales income base, before the 21 percent, corporate tax rate is imposed. The deduction results in a 13 percent effective tax rate on qualifying direct foreign sales income....
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