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The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
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Move chops revenue from the proposed 20% excise tax on certain payments to offshore affiliates.
Corporate interest deductions, minimum foreign tax are among the question marks.
Rate for pass-through businesses would be capped at 25%.
Republican tax negotiators reportedly targeting a corporate rate of 20%.
Conservatives in the House are split over issue of federal spending cuts.
Experts say cuts may either have to be shallow or short-lived.