Contact Us Follow Us :      | Find Us |
CBIZ Tofias

Subscribe to Our Blog

Client Satisfaction Survey Results


Follow Us

IRS Releases Proposed Regulations and Other Guidance Under Section 965
Posted by Barret Pinto on Mon, Dec 17, 2018 @ 12:09 PM

In October, the IRS released its proposed regulations interpreting Section 965, the provision in the Tax Cuts and Jobs Act (TCJA) that imposes a one-time “transition tax” to U.S. shareholders on the accumulated earnings and profits of certain U.S. owned foreign corporations. The transition tax is effected through a deemed repatriation mechanism. Not surprisingly, Section 965 continues to be a hot topic.

Read More

Topics: Tax Cuts and Jobs Act, TCJA, Barret Pinto, Section 965, cfc, transition tax

Popular Posts