Code Sec. 956: Developments Concerning the 30-Day Exception - McDermott Will & Emery

Code Sec. 956: Developments Concerning the 30-Day Exception

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Overview


Lowell Yoder wrote this bylined article on the 30-day Subpart F repayment exception covering loans to a related US person held by a controlled foreign corporation. “Temporary regulations have been issued that formally adopt the 30-day exception, although other developments make it more difficult to qualify for this exception,” Mr. Yoder wrote.