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U.S. IRS Publishes Five International Practice Units

11 August 2015

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Approved Changes

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United States

The U.S. IRS has recently published five international practice units, including: Branch-Level Interest Tax Concepts - 4 August 2015; Non-Services FDAP Income - 4 August 2015; CFC Purchased From Related Party with Same Country Sales - 17 July 2015; CFC Sale to Related Party With Same Country Unrelated Party Manufacturing - 17 July 2015; and Receipt of Dividends or Interest from a Related CFC - 17 July 2015 International practice units are developed by the Large Business and International Division of the IRS to provide staff with explanations of general international tax concepts as well as information about specific transaction...