EYUS: Additional final regulations provide foreign tax credit guidance
|Tax Alerts, National/Federal Taxation, L ...|United States
In another set of final regulations (T.D. 9922, released 29 September 2020), the United States (US) Treasury Department provided guidance for determining the foreign tax credit allowed under Internal Revenue Code1 Section 901. The final regulations (2020 final regulations) adopt proposed regulations that were issued on 2 December 2019 (2019 proposed regulations), with some modifications.…
Continue Reading
