Proposed Section 956 Regs Benefit US Corporate Borrowers

By Anne Kim, Martin Hamilton, Kathleen Semanski and Xiaoyang Ma
November 20, 2018, 2:53 PM EST

On Oct. 31, 2018, the U.S. Department of the Treasury and the Internal Revenue Service proposed new regulations[1] that are likely to allow many controlled foreign corporations, or CFCs,[2] of U.S....

Already a subscriber? Click here to view full article