OrbitaxU.S. IRS Provides Further Extension of Transitional Relief for Certain Dividend Equivalent Rules
|Approved Changes|United States
The U.S. IRS has issued Notice 2024-44, announcing that Treasury and the IRS intend to amend the section 871(m) regulations to delay the effective/applicability date of certain rules in those regulations. This includes a further extension of the transitional relief provided in Notice 2022-37 by two years as follows:
- An extension of the phase-in year for delta-one and non-delta-one transactio…
