Philip Zukowsky

Philip Zukowsky

Dinsmore & Shohl LLP

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Borrower Beware: Loan Transactions can be a Taxable Event for U.S. Corporations that have Foreign Subsidiaries

A loan transaction is generally not thought of as resulting in a taxable event. But it can if the borrower is a U.S. corporation (U.S. Co.) with a foreign subsidiary (FS). More specifically, a loan transaction can trigger a...more

2/20/2014 - Foreign Corporations Foreign Subsidiaries Loans Money Transfer Transfer Taxes

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