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Which one is true about S. Tax Reform in 2017? Deemed repatriation of accumulated foreign earnings. The Tax Cuts and Jobs Act (TCJA), passed on
Which one is true about S. Tax Reform in 2017? Deemed repatriation of accumulated foreign earnings. The Tax Cuts and Jobs Act (TCJA), passed on December 22, 2017, increases the U.S. corporate income tax rate from 21% to 35%. Adoption of a worldwide system of corporate income taxation The income from foreign branches is not taxable in U.S
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