Recent IRS Ruling on a Mid-Year PTEP Distribution | McDermott

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Recent IRS Ruling on a Mid-Year PTEP Distribution

March 23, 2023

Read time: 2 min

Caroline Ngo authors this article in International Tax Journal. In this article, she discusses a recent Internal Revenue Service private letter ruling addressing a distribution of previously taxed earnings and profits (“PTEP”).

Caroline H. Ngo

Partner

Washington, DC

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