Federal Register Publishes Proposed Transition Tax Regulations
On August 9, 2018, the Federal Register published the Treasury and the IRS’s proposed transition tax regulations. While the IRS had made an initial draft of the proposed regulations available for review, publication in the Federal Register begins the comment period for the proposed regulations. Comments on the proposed regulations must be received by October 9, 2018.
Read More: Federal Register, Guidance Regarding the Transition Tax Under Section 965 and Related Provisions