Goldman warns of $5-billion earnings hit from US tax law

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  1. Goldman warns of $5-billion earnings hit from US tax law  Reuters
  2. Goldman Takes One-Time $5 Billion Hit From New US Tax Law  Bloomberg
  3. Goldman Sachs expects $5 billion hit from tax overhaul in 4Q  Chicago Tribune
  4. Goldman Sachs Group, Inc. (the) – GS – Stock Price Today – Zacks  Zacks Investment Research
  5. Buy Them. Hold Them. Beat the Market.  Zacks.com
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Goldman warns of $ billion earnings hit from U.S. tax law. Reuters Goldman Sachs Group Inc GS.N said on Friday it would take a $ billion earnings hit in the fourth quarter for the new U.S. tax law, becoming the first major U.S. bank to detail the law s one time impact on corporate profits held overseas.. Goldman Sachs Group Inc. said the U.S. tax reform will cut profit this year by about $ billion, mainly because of a tax targeting earnings held abroad. About two thirds of the hit comes from the repatriation tax, while writing down U.S. deferred tax assets also contributed, the company said in a filing on Friday.. Reuters Goldman Sachs Group Inc said on Friday it would take a $ billion earnings hit in the fourth quarter for the new U.S. tax law, becoming the first major U.S. bank to detail the law s one t.. In recent weeks, some of Goldman s competitors have also estimated one time hits to their earnings because of the tax law. During a Dec. conference, JPMorgan Chase s chief financial officer, Marianne Lake, said moving overseas funds back to the United States could cost the bank up to $ billion..







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