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Saudis’ Tax Cut on Aramco Sweetens Its I.P.O.

#Breaking #News #USA
Saudis’ Tax Cut on Aramco Sweetens Its I.P.O.

#Business Day
By @ANDY CRITCHLOW from NYT
Slashing Saudi Aramco’s tax rate may triple its market value to $1.4 trillion. Yet the kingdom can recoup almost all of what it appears be giving away.
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