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Finanse publiczne · 02/12/2019

IRS Cancels Public Hearing on Passive Foreign Investment Company Regulations

The Internal Revenue Service (IRS) has cancelled a public hearing on proposed regulations regarding passive foreign investment companies (PFICs) and the treatment of certain income and assets held by foreign corporations, as outlined in sections 1291, 1297, and 1298 of the Internal Revenue Code.

Source: Federal Register — Department of the TreasuryOpen original release →