Halliburton Co. is consulting with numerous external advisers to help understand the 2017 tax overhaul, especially provisions for which the IRS hasn’t issued final rules. The law cut Halliburton’s effective tax rate by 10 percent this year and gave the company a more level playing field against its foreign-based competition. Still, it presents continuing business-planning challenges as the new tax code provisions are fleshed out.
Myrtle Jones, Halliburton’s senior vice president of tax, joins Bloomberg Tax to discuss how the company is reacting to regulatory challenges and how diversity can drive company innovation.
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