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United States | Proposed IRC Section 899 would affect certain asset management entities | EY - Global
https://www.ey.com/en_gl/technical/tax-alerts/united-states-proposed-irc-section-899-would-affect-certain-asset-management-entities
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Proposed Section 899, passed by the House increases US taxes on entities and individuals from countries with unfair tax practices as part of the tax reconciliation bill.