Finance & markets · 30/11/2020Updated: 10/17/2026 · 1 min read

IRS Issues Final Regulations on Withholding Tax and Reporting for U.S. Trade or Business Partnerships

The IRS has released final regulations that require foreign individuals and entities to withhold tax and report information on certain dispositions of partnership interests in U.S. trade or business, affecting those who recognize gain or loss from such sales or exchanges and those who acquire these interests.