Qualified Foreign Pension Funds Regulations Finalized by IRS
On Dec. 29, 2022, the IRS and the Treasury Department finalized the Proposed Regulations and retained the general approach and structure of the Proposed Regulations. The Final Regulations provide rules for determining the qualification for the exemption under Section 897.
United States Revenue Service Treasury Department Valuation Of Eligible Fund Foreign Investment Real Property Tax Act
Source: natlawreview.com