tax reform

One week after I warned that the US House of Representatives tax plan would be a disappointment for the US dollar due to a lower than expected tax incentive aimed at encouraging US firms to repatriate cash into the US, more disappointment…
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The tax reform bill, unveiled Thursday by US Republican House Representatives may not be the piece of news long anticipated by currency traders favouring the US dollar. The bill imposes a one-time 12% tax on US companies’ accumulated…
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