Finance & markets · 02/09/2015
US Regulates Foreign Corporations' Property in Partnership Transactions
The US government has issued temporary regulations to clarify how property held by controlled foreign corporations (CFCs) in partnership transactions is treated as US property, and when CFCs derive rents and royalties 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 →