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Rep. Archer's Sec. 936 tax credit repeal includes 10-year "grandfather" clause.

This article was originally published in The Gray Sheet

Executive Summary

SEC. 936 TAX CREDIT REPEAL IN WAYS & MEANS BILL includes a 10-year "grandfather" clause that would allow medical device companies to continue to claim the credit for operations in Puerto Rico, according to a chairman's mark on the House Ways & Means Committee tax reform bill released Sept. 15.
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