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U.S. IRS and Treasury Issue Final and Proposed Regulations on Dividends Received Deduction Limitation

|Approved Changes|United States
United States

The U.S. IRS and Treasury have issued final regulations on the Limitation on Deduction for Dividends Received from Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception (TD 9909). In addition, related proposed regulations have been issued on the Coordination of Extraordinary Disposition and Disqualified Basis Rules (REG-124737-19). Both regulations were publ…

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