Finance & markets · 03/11/2016
US Regulates Foreign Corporations' Property in Partnership Transactions
The IRS has finalized regulations to clarify how controlled foreign corporations (CFCs) are treated as US property in transactions involving partnerships, and how rents and royalties are considered in the active conduct of a trade or business, affecting US shareholders of CFCs.
Original source language: Federal Register — Department of the TreasuryOpen original release →