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Who Says the US Govt is not Business Friendly?
There was a new tax break for corporations enacted for corporations in the USA this past Friday which extends the time a company can carry back its losses from two years to five years.
This works out to hundreds of millions of dollars courtesy of American tax payers.
Ironically enough some of the primary corporate beneficiaries are real estate companies who over built in the first place. I guess it is good to have friends in high places…
Read more here.
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