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PFIC |
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The PFIC provisions were enacted as part of the Tax Reform Act of 1986 to combat Congress's idea of improper offshore deferral of passive investment earnings. Bile salt export pump is highly conserved during vertebrate evolution and its expression is inhibited by PFIC type II mutations. Construction of the new Palmdale library could begin by late September, with PFIC providing the final design and construction documents, preparing bid packages and overseeing construction. |
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