News & Analysis as of

Partnerships Foreign-Owned Corporations

Farrell Fritz, P.C.

Information Reporting For The Foreign-Owned Not-So-Disregarded Disregarded Entity

Farrell Fritz, P.C. on

As the taxable year ending December 31, 2017 approaches, the thoughts of most people turn to holidays and family gatherings, feasting and celebrations, and reflecting, perhaps, on another year gone-by. Not so for tax...more

Dechert LLP

Newsflash: Tax Court Reverses IRS Revenue Ruling

Dechert LLP on

A recent U.S. Tax Court case, Grecian Magnesite (149 T.C. No. 3, July 13, 2017), has declared invalid the long-standing U.S. government position that a non-U.S. person’s sale of an interest in a partnership (in this case, a...more

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