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Episode 37: U.S. Economy – Debt, Duty & Dollars

Research @ Citi

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Exploring the Uncertainties of Section 899 and its Tax Implications

This chapter explores Section 899's proposed 5% tax increase on investment income for foreign entities from countries with unfair tax practices. It examines the uncertainties regarding which countries will be impacted and discusses the potential for this measure to serve as a negotiation tool to encourage tax reductions globally.

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