
BP PLC said Tuesday that it expects recent changes to U.S. corporate taxes to boost its future earnings, but it will take a one-off $1.50 billion charge due to the revaluation of deferred tax assets and liabilities. "BP sees U.S. earnings boost from tax change; will take $1.5b one-off charge" via FOX BIZ http://ift.tt/2CalO3U

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