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View Diary: Apple launches iRomney (62 comments)

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  •  (there are other exceptions that a bank may fall (1+ / 0-)
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    VClib

    under, though; as long as the parent German company, for example, has at least as much equity as its subs, it can fully deduct interest.  So rather than a hard cap, this exception seems to transform the rule into an anti-avoidance ["GAAR") rule)

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