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China offers tax incentives to persuade US companies to stay
BEIJING — China said on Thursday that it would temporarily exempt foreign companies from paying tax on their earnings, a bid to keep American businesses from taking their profits out of China following Washington’s overhaul of the United States tax code.
https://www.nytimes.com/2017/12/28/business/tax-bill-china.html?mtrref=undefined
The question is what will they do with the cash when they bring it back???
1 replies
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