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Friday, October 28, 2005

International Implications of Recommendations of President's Tax Reform Panel

Tax_reform_panel The Financial Times reports on the internation implications of the forthcoming recommendations from the President's Advisory Panel on Federal Tax Reform in Panel Calls for End to Foreign Profits Tax:

The advisory panel appointed by George W. Bush to recommend changes to the Byzantine US tax system will call for an end to taxes on US companies' foreign profits, eliminating a competitive handicap for US businesses.

http://taxprof.typepad.com/taxprof_blog/2005/10/international_i.html

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