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Final regulations issued on classification of business entities organized in multiple jurisdictions

|Approved Changes|United States
United States

The US Treasury Department and Internal Revenue Service (IRS) have issued final regulations on the tax classification of business entities organized in multiple jurisdictions (so-called dual chartered entities). The final regulations were issued under the US check-the-box rules. The final regulations replace temporary regulations issued on this topic on 12 August 2004; for a report on the temporar…

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