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
IRS Releases Notices Designating Certain “Basket Contracts” As Listed Transactions And Others As Reportable Transactions Of Interest -
On Wednesday, July 8, the IRS released two notices addressing “basket contracts,”...more
8/7/2015
/ De Minimus Quantity Exemption ,
Derivatives ,
Dodd-Frank ,
Excise Tax ,
FATCA ,
IRS ,
Life Insurance ,
Partnerships ,
Retrocession Contracts ,
Senate Finance Committee ,
Tax Court ,
Tax Reform ,
U.S. Treasury