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The Tax Cuts and Jobs Act of 2017 provided an incentive for US manufactures and other businesses to sell products /services outside of the US,
The Tax Cuts and Jobs Act of 2017 provided an incentive for US manufactures and other businesses to sell products/services outside of the US, and to hold intellectual property in the US. Explain conceptually, how foreign-derived intangible income (FDII) provides such an incentive. Some have argued that FDII encourages US companies to move assets offshore (which is counter to its design). How has this argument been formulated?
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