Tax Break Meant to Attract Intellectual Property Could See WTO Challenge

A provision in the new tax law that's supposed to push tech and pharma to keep assets stateside could run into trouble with European trade ministers.

Treasury Secretary Steven Mnuchin (center) talks with House Ways and Means Committee Chair Kevin Brady and ranking member Richard Neal before testifying on the FY19 budget at a hearing on Feb. 15.
AP Photo/Jacquelyn Martin

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