House passes limitations on foreign tax credits

08/11/2010 | JournalofAccountancy.com · Washington Post, The

As part of H.R. 1586, the jobs bill that will provide education and Medicaid funding, the House passed legislation Tuesday that will limit corporations' use of foreign tax credits and will end the advance refundability of the earned income credit. President Barack Obama promptly signed the bill into law Tuesday evening.

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JournalofAccountancy.com · Washington Post, The

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