Regulacje i polityka gospodarcza · 07/11/2007

Foreign Tax Credit: Notification of Foreign Tax Redeterminations

The IRS has issued temporary regulations requiring U.S. taxpayers to notify the IRS of changes in foreign tax liability, which may impact their foreign tax credit, as part of the Taxpayer Relief Act of 1997 and the American Jobs Creation Act of 2004. These regulations provide guidance for taxpayers who have paid foreign taxes that have been redetermined.