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U.S. IRS Issues Corrections to Regulations on Dividends Received Deduction Limitation

09 August 2019

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Approved Changes

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United States

On 8 August June 2019, a correcting amendment and other corrections were published in the U.S. Federal Register in relation to the final temporary regulations on the Limitation on Deduction for Dividends Received from Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception and the related proposed regulations published on 18 June 2019. These are as follows: Limitation on Deduction for Dividends Received from Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception; Correcting Amendment Limitation on Deduction for Dividends Received from Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception; Correction Limitation on...