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Goldman Sachs expects $5 billion hit from new tax law


Goldman Sachs Group Inc (GS.N) said on Friday it expects fourth-quarter earnings to decrease by about $5 billion due to the new U.S. tax law signed by President Donald Trump last week. Around two-thirds of the $5 billion decrease is due to repatriation tax, Goldman said in a statement with the U.S. Securities and Exchange...
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Source: New York Post


13:29, December 29, 2017 Reuters

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