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Politics : Formerly About Advanced Micro Devices
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To: Jim McMannis who wrote (609192)4/28/2011 12:47:19 PM
From: Brumar89   of 1581922
 
He is probably talking about IDC as some have indicated. Also probably the credit for foreign taxes paid .... to prevent double taxation of the same income (this would make it hard for US oil companies to compete abroad) and the 3% deduction for domestic production activities - these last two are not unique to the oil industry - every industry gets them.
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