Finanse publiczne · 30/12/2019

IRS Proposes Regulations on Source of Income from Sales of Inventory and Personal Property

The IRS has released proposed regulations that modify the rules for determining the source of income from sales of inventory produced within the US and sold without the US, as well as new rules for nonresidents selling personal property attributable to a US office or fixed place of business, and changes to rules for effectively connected foreign source income.