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Infosys to reverse $225 million of tax provisions on US Internal Revenue Service pact

Retrieved on: 2018-01-09 03:41:15

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<div>India's second-largest IT services exporter <b>Infosys</b> will witness a reversal in tax provisions to the tune of $225 million following the conclusion of advance pricing agreement (APA) with US Internal Revenue Service (IRS). This is expected to bring down the company's effective tax rate by around 100 basis ...</div>

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