Proposed Foreign Tax Credit Regulations Clarify Taxpayers’ Ability to Claim Deemed Paid Credits - McDermott Will & Emery

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

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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.