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U.S. Final Regulations on Reducing the Amount Determined Under Internal Revenue Code Section 956 for Domestic Corporations Owning CFCs

|Approved Changes|United States
United States

On 23 May 2019, the final regulations on Amount Determined Under Section 956 for Corporate United States Shareholders (TD 9859) was published in the U.S. Federal Register. The regulations finalize the proposed regulations published in November 2018 that reduce the amount determined under section 956 for certain domestic corporations that own (or are treated as owning) stock in controlled foreig…

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