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The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
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FX reduced the earnings of 29 percent of large North American multinationals in the fourth quarter, with average impact of 4 cents per share.
Temporary cuts might discourage investment of offshore profit.
Proposal cites the increasing number of state and city regulations.
Administration's plan calls for shift to a territorial system for companies.
Move intensifies trade row; Canada vows to fight back against 'unfair' import duties.
House Speaker has said it would be difficult to pay for that rate.
