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On September 12, 2011, the White House released legislative text of President Obamas proposed American Jobs Act1 — the 447 billion economic stimulus that includes several revenue offsets, including one of key interest to U.S. taxpayers on international assignment. Limit to 28 percent the value of certain deductions and exclusions for those who earn [...]Related posts:U.S. and Form W-11; Payroll Tax ExemptionUS: HIRE Act Becomes Law, with Tax and Foreign Account Compliance MeasuresSouth Korea: Tax Reform Proposals Unveiled by South Korean Government