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The Treasury Department said Wednesday that it will announce “targeted guidance” intended to discourage so-called tax-inversion deals used by some U.S. businesses to relocate to lower-tax nations. “Later this week, we intend to issue additional targeted guidance to deter and reduce further the economic benefits of corporate inversions,” Treasury Secretary Jack Lew said in a letter to four senior lawmakers. Further details were unavailable. “It is Scalper1 News
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