P. Bruce Wright

P. Bruce Wright

Eversheds Sutherland (US) LLP

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Long-awaited passive foreign investment company proposed regulations – focus on insurance

On July 11, 2019, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued comprehensive proposed regulations on passive foreign investment companies (PFICs) that include guidance on the...more

7/16/2019  /  Comment Period , Exceptions , Insurance Industry , Internal Revenue Code (IRC) , IRS , Passive Foreign Investment Company , Proposed Regulation , U.S. Treasury
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