Proposed Foreign Tax Credit Regulations Clarify Taxpayers’ Ability to Claim Deemed Paid Credits | McDermott

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Proposed Foreign Tax Credit Regulations Clarify Taxpayers’ Ability to Claim Deemed Paid Credits

December 27, 2018

Read time: 2 min

Overview

Enrica Ma and Bradford E. LaBonte authored this bylined article outlining the recently released proposed regulations made by the Internal Revenue Service that address the calculation of a corporate US shareholder’s deemed paid foreign tax credits under section 960.

Authors

Bradford E. LaBonte

Partner

New York – One Vanderbilt Avenue

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