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A third of companies may take a one-time hit related to required accounting changes.
Measure now heads back to House as Democrats invoke budget rule to force do-over
Adopting the new FASB standard prior to the start of 2018 makes the most sense for companies with ineffective FX losses.
Senate uses a different method for capping deduction on interest payments.
Tax increases would kick in if the bill raises the federal deficit.
Future of the distribution rules is linked to the outcome of tax reform.
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