Bipartisan agreement in the US on repatriation relief, but only temporary

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Bipartisan agreement in the US on repatriation relief, but only temporary

Matthew Gilleard
October 17 2011
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Senators John McCain (Rep-Arizona) and Kay Hagan (Dem-North Carolina) have proposed a reduction in the tax rate for repatriated foreign earnings, from 35% down to 8.75%, for a period of one year, but permanent implementation may be needed to benefit the economy in the long run.

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