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What the heck is 'worldwide combined reporting' and why do DFLers think it can raise hundreds of millions?

Experts say Minnesota would be the only state to adopt a measure targeting corporations that have subsidiaries overseas.

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Questions swirl around corporate tax in Minnesota House, Senate budgets

Both House and Senate tax bills bank on a new corporate tax calculation they say will raise hundreds of millions of dollars per year. But it’s untested, raising concerns about the estimates and the state’s ability to collect.

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