Tax & Accounting Blog

IRS Currently Accepting Form 8975, Country-by-Country Report

IRS Currently Accepting Form 8975, Country-by-Country Report

On August 11, 2017, the U.S. Internal Revenue Service (IRS) issued Bulletin 2017-2 on its acceptance of Form 8975, Country-by-Country Report. Ultimate parent entities (UPEs) of U.S. multinational enterprise (MNE) groups with $850 million or more of revenues in a previous annual reporting period can now file Read More