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  "documentTitle": "Avery Dennison Corporation (AVY)",
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      "text": "New Disclosures In Recent 2018 10-K: Our inability to secure or sustain certain tax benefits in a foreign jurisdiction could materially adversely affect our business.",
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      "text": "Luxembourg did reduce the nominal rate of corporate income tax from 2019 from 18% to 17%",
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      "text": "Source: Avery 2018 10-K filed 2/27/19",
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      "text": "Disclosures about tax “Risk Factors” have significantly expanded in recent years. Absent the discussion of the Jobs Act tax impact in 2017, we found a new disclosure about the potential for a material adverse effect from uncertain tax positions and the lowering of tax rates in Luxembourg.",
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