Coalition Seeks Guidance on Missouri’s Dividends Exclusion - McDermott Will & Emery

Coalition Seeks Guidance on Missouri’s Dividends Exclusion

Overview


Stephen Kranz wrote a letter on behalf of the State Taxes After Reform Partnership requesting guidance from the Missouri Department of Revenue regarding the state’s treatment of foreign earnings deemed repatriated under IRC section 965’s one-time transaction tax and of global intangible low-taxed income included in federal taxable income.