September, 2006
2006 marks the last year that most U.S. exporters can claim the export tax benefit associated with the extraterritorial income (“ETI”) exclusion due to its repeal, which will certainly create a tax-savings void for some exporters.
2006 marks the last year that most U.S. exporters can claim the export tax benefit associated with the extraterritorial income (“ETI”) exclusion due to its repeal, which will certainly create a tax-savings void for some exporters.