Withholding Tax Rules Under Current Law -
Current US tax law provides for a 30% withholding tax on interest paid by a US borrower to foreign lenders. However, many foreign lenders are exempt from this tax, either under the...more
6/13/2025
/ Borrowers ,
Credit Agreements ,
Financial Services Industry ,
Foreign Investment ,
International Tax Issues ,
Lenders ,
Loans ,
Proposed Legislation ,
Tax Liability ,
Tax Reform ,
Withholding Tax
On October 31, 2018, the Internal Revenue Service (“IRS”) issued proposed regulations (the “Proposed Regulations”) which likely will facilitate (i) the making of loans by foreign corporate subsidiaries to a U.S. parent...more