Key Provisions in H.R. 4213 Would Prevent Abuse of Foreign Tax Credits

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A recent paper from the National Foreign Trade Council (NFTC), a lobby for multinational U.S. corporations, unfairly criticizes provisions to end abuses of the foreign tax credit. These provisions, which are included in H.R. 4213, the jobs and “extenders” bill, would make our corporate tax system fairer and more rational.

Read the report.

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