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U.S. IRS Provides Additional Details on Transition Tax on Untaxed Foreign Earnings

|Approved Changes|United States
United States

The U.S. IRS has issued a release on additional details on transition tax on untaxed foreign earnings.

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IRS provides additional details on transition tax on untaxed foreign earnings

IR-2019-128, July 16, 2019]

WASHINGTON — The Internal Revenue Service provided additional information to help taxpayers meet their filing and payment requirements for the Section 965 transition tax on untaxe…

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