The U.S. Treasury Department and IRS today released for publication in the Federal Register final regulations (T.D. 9882) and proposed regulations (REG-105495-19) relating to the determination of foreign tax credit.
Read the versions of the regulations released today for publication in the Federal Register:
Read TaxNewsFlash providing initial impressions and observations about these foreign tax credit regulations (this report is based on versions of the regulations released in advance by the IRS on December 2, 2019).
The IRS and Treasury released a version of these final and proposed regulations on December 2, 2019. Those versions of the regulations were posted on the IRS website and include the following statement:
This document has been submitted to the Office of the Federal Register (OFR) for publication. The version of the [final or proposed] rule released today may vary slightly from the published document if minor editorial changes are made during the OFR review process. The document published in the Federal Register will be the official document.
These are unofficial documents produced by KPMG that are intended to show what changes, if any, have been made to the final regulations and proposed regulations prior to release to the Federal Register for publication. These documents have not been reviewed for accuracy.
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