White House would consider tax break on foreign profits
The White House said on Monday it would consider, as part of an overhaul of the tax code, a tax break for companies on foreign profits brought back to the United States.
White House spokesman Jay Carney told a briefing a so-called repatriation holiday was something the Obama administration would consider as part of tax reform.
(Reporting by Jeff Mason, Editing by Sandra Maler)
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