Personal finance advisor

President Barack Obama has announced a new tax proposal on 04th May 09 for US multinational companies. The basic idea of Obama’s new tax rule is to close a loophole that allows US firms to avoid paying tax on profits earned from overseas operations in countries like India. In addition, it helps to generate incremental [...]

Tags: avoid paying tax, Obama's new tax rules, Obama's new tax system, Obama's tax policies, Obama's tax rules

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