Internal Revenue Service News
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US President Donald Trump signed an executive order that will allow churches and other religious organisations to become more active politically, the media reported.
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Highlighting the need to have lower level of taxation, Finance Minister Arun Jaitley said on Monday that lower tax levels will make it competitive globally.
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In view of the pharmaceutical giant Pfizer's plans to merge itself with Ireland-based Allergan, the US has announced imposition of additional measures to prevent corporate tax inversions.
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