Eversheds Sutherland Tax Reform Law Blog
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Proposed Transition Tax Regulations Released

The IRS has released proposed regulations on section 965, a provision created by the 2017 TCJA, which imposes a one-time transition tax on accumulated earnings of foreign subsidiaries of U.S. multinationals. Read more:   IRS Floats Rules On Transition Tax On Foreign Earnings; REG-104226-18


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