IRS PROVIDES RICS ALTERNATIVES TO ACCOUNT FOR FOREIGN TAX REFUNDS -
Generally, when a U.S. taxpayer pays foreign tax, the U.S. taxpayer is entitled to take a credit (a “Foreign Tax Credit”) against the taxpayer’s U.S....more
2/3/2016
/ Certiorari ,
ConAgra ,
Dividends ,
FIRPTA ,
Foreign Currency ,
Income Taxes ,
IRS ,
Market Basket ,
Political Candidates ,
Protecting Americans from Tax Hikes (PATH) Act ,
REIT ,
RICs ,
SCOTUS ,
Tax Court ,
Tax Refunds ,
Withholding Tax
Final and Temporary Dividend Equivalent Regulations Issued – Some Good, Some Bad, And Some Ugly:
On September 17, 2015, the Internal Revenue Service (“IRS”) released final and temporary regulations under Section 871(m),...more
11/4/2015
/ Business Assets ,
Capital Gains ,
Comment Period ,
Dividends ,
Fair Market Value ,
FATCA ,
Final Rules ,
Guidance Update ,
Investment Adviser ,
Investment Companies ,
Investment Management ,
IRS ,
Limited Partnerships ,
Management Fees ,
Market Basket ,
New Guidance ,
Partnerships ,
Property Transaction Taxes ,
Proposed Regulation ,
REIT ,
Reporting Requirements ,
Spinoffs ,
Tax Liability ,
Third-Party Service Provider ,
Transfer Pricing ,
Transfers ,
U.S. Treasury ,
Vanguard ,
Waivers ,
Whistleblowers
In This Issue:
- Congress Passes Year-End Tax Extenders Bill
- House Adopts New “Dynamic Scoring” Rule
- Foreign Fund Engaged in Lending and Stock Distribution Not Protected by “Trading in Stock or Securities”...more