Monday, 21 November 2022

Print to PDF

USA Released Regulations on Foreign Tax Credit on 18th November, 2022


The US has released long-awaited proposed regulations on foreign tax credits, providing further guidance on 18th November, 2022

(1) reattribution asset rule for purposes of allocating and apportioning foreign taxes;


(2) cost recovery requirement; and


(3) attribution rule for withholding tax on royalty payments.



0 Comments:

Post a Comment