Finance & markets · 21/10/2022Updated: 10/17/2026 · 1 min read
IRS Withdraws Proposed Rule on Exclusion of Previously Taxed Earnings and Profits from Gross Income
Summary
The Internal Revenue Service (IRS) has withdrawn a proposed rule related to the exclusion of previously taxed earnings and profits from gross income under section 959 of the Internal Revenue Code, which was published in the Federal Register on August 29, 2006.
Original source language: Federal Register — Department of the TreasuryOpen original release →