The U.S. IRS has issued Publication 5292 on how to calculate Section 965 amounts and elections available to taxpayers in relation to the amendments made to Section 965 as part of the U.S. tax reform approved at the end of 2017, including the Transition Tax on deferred foreign income. The publication covers relevant definitions, taxpayers who may be required to report Section 965 amounts, and the reporting of amounts in the 2017 return as well as the possible need to report amounts in the 2016 return. The publication also includes a workbook containing multiple worksheets to assist in calculating Section...