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Citigroup CFO says cut in U.S. tax rate could bring $4 billion charge

NEW YORK (Reuters) - If newly elected U.S. officials were to reduce federal corporate taxes by 20 percent, Citigroup Inc could have to take a $4 billion charge to profits to reflect lower values for its deferred tax assets, Citi's chief financial officer said on Wednesday.

Citigroup CFO says cut in U.S. tax rate could bring $4 billion charge
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