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Please review the following article and provide your opinion on the equity of these new provisions....

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Accounting

Please review the following article and provide your opinion onthe equity of these new provisions. Defend your position.Foreign-derived intangible income deduction: Tax reform’soverlooked new benefit for U.S. corporate exporters By Frank J.Vari, CPA, J.D. August 2, 2018 The foreign-derived intangibleincome deduction provides C corporations that sell goods orservices to foreign customers an effective 13.125% tax rate onqualifying income.https://www.thetaxadviser.com/newsletters/2018/aug/foreign-derived-intangible-income-deduction.html

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ANSWER The unmistakable recipients of these new arrangements are US based corporate exporters of products and enterprises with no CFC proprietorship These enterprises have for some time been liable to higher expense rates than their multinational rivals that have possessed the capacity to move    See Answer
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