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Taxation & Estate Planning

: TaxProf Blog

House Holds Hearing Today on Transfer Pricing

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The House Ways & Means Committee holds a hearing today on Transfer Pricing Issues. From the hearing announcement: The United States has a global system of taxation such that domestic corporations are taxed on their worldwide income, although the foreign tax credit prevents double taxation. Active foreign business income can...

Full post as published by TaxProf Blog on July 22, 2010 (boomark / email).

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