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U.S. tax reform hurts U.S. OEMs, helps foreign-owned OEMs
The U.S. tax cuts recently signed into law are showing themselves to be beneficial to many OEMs, except for those based in the U.S.
GM took a USD 7.3 billion charge in the fourth quarter because the deferred tax assets it acquired from years of losses in the past are no longer worth as much with the lower U.S. corpor....
GM took a USD 7.3 billion charge in the fourth quarter because the deferred tax assets it acquired from years of losses in the past are no longer worth as much with the lower U.S. corpor....
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