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Finance & markets · 30/08/2011Updated: 10/17/2026 · 1 min read

IRS Amends Foreign Tax Credit Regulations to Correct Errors

Summary

The IRS has published amendments to final and temporary regulations to address errors in guidance related to determining the amount of taxes paid for foreign tax credit purposes, affecting individuals and corporations claiming direct and indirect foreign tax credits.

Original source language: Federal Register — Department of the TreasuryOpen original release →

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Finance & markets · 10/6/2026

Notice of OFAC Sanctions Action

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published the names of individuals or entities on its Specially Designated Nationals and Blocked Persons List (SDN List) due to OFAC's determination that certain legal criteria were met. As a result, U.S. persons are prohibited from conducting transactions with these entities, and their property and interests in property subject to U.S. jurisdiction are blocked.

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Finance & markets · 10/8/2026

OFAC Sanctions Actions Update

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of individuals whose assets have been unfrozen and those removed from the Specially Designated Nationals and Blocked Persons List (SDN List), as well as updates to the identifying information of individuals or properties still blocked on the list.

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