Regulacje i polityka gospodarcza · 21/12/2007

IRS Issues Final and Temporary Regulations for Recapturing Overall Foreign and Domestic Losses

The Internal Revenue Service (IRS) has released final and temporary regulations under Section 904(g) of the Internal Revenue Code, which require the recapture of overall domestic losses and provide guidance on foreign tax credits for individuals and corporations affected by the American Jobs Creation Act of 2004 (AJCA).