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Barclays and Shell warn of billion-dollar hits from Trump tax reform

in London and in Zurich

Shell announced on Wednesday that it expected to take a $2bn-$2.5bn charge against the value of its “deferred tax assets” in response to a sweeping overhaul of the US tax system that was signed into law by Mr Trump last week. FULL FT ARTICLE and its sister websites, and are all owned by John Donovan

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