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Walmart_US_Companies_China_Twitter

China Offers Tax Incentives to Persuade U.S. Companies to Stay…

December 29, 2017 at 6:54 pm

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. There is, however, a catch: To be eligible, foreign companies must invest those earnings in sectors […]

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