IRS Withdraws, Reproposes Foreign Currency Gain, Loss Regs
The IRS has released new proposed regulations on making and revoking certain foreign currency gain or loss elections. These new …
The IRS has released new proposed regulations on making and revoking certain foreign currency gain or loss elections. These new …
Although the US has not yet implemented the two-pillar global tax plan from the Organization for Economic Co-operation and Development …
By Patricia Brandstetter and Jonathan D. Grossberg Final regulations, issued December 28, 2021 (TD 9959), significantly change longstanding principles for …
Treasury Secretary Janet Yellen this week is pressing counterparts from the world’s major economies to advance a rewrite of global …
IRS has issued proposed regs under Code Sec. 965, the “mandatory repatriation” provision added to the Code by the Tax Cuts …
IRS has updated Frequently Asked Questions (FAQs) on the transition tax imposed by Code Sec. 965, as added by the Tax …
IRS has issued a Notice and accompanying News Release that provide guidance regarding: a) Code Sec. 965, which was enacted …
IRS has issued a Notice and accompanying News Release that provide guidance regarding Code Sec. 965, which was enacted into …