IRS Issues Final PFIC Ownership Regulations - Government, Public Sector
To print this article, all you need is to be registered or login on Mondaq.com. IRS Issues Final PFIC Ownership Regulations The IRS has issued final regulations (TD 9936) regarding how to determine if a foreign corporation is a passive foreign investment company (PFIC) and the application and scope of certain rules that determine whether a U.S. person that indirectly holds stock in a PFIC is treated as a shareholder of the PFIC. On July 11, 2019, the IRS published prop...
United States Corporation Business Guidance On Establishing Private Foundation Guidance On Private Foundation Grants To Foreign Jersey Division Of Taxation Federal Register
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