Revenge Tax: Why Section 899 of Trump's Fiscal Package Is Spooking Wall Street
Statele Unite
Ludovic Subran, chief investment officer at Allianz, discusses the retaliatory tax item buried in President Donald Trump’s massive fiscal package. The item, in legislation that passed the House as Section 899, would increase rates for individuals and companies from countries whose tax policies the US deems “discriminatory.” Wall Street analysts are warning the provision would create another disincentive for foreign investors. Subran speaks on Bloomberg Television. -------- More on Bloomberg
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