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  1. Tax
  2. United States: Treasury takes another bite out of subpart F/GILTI pro rata share rules using proposed consolidated return regulations

United States: Treasury takes another bite out of subpart F/GILTI pro rata share rules using proposed consolidated return regulations

Tax News and Developments - January 2023
09 Jan 2023    1 minute read
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PTEP

In brief

Ethan Kroll and Sam Pollack expand upon their recent client alert, Treasury takes another swipe against transactions applying section 951(a)(2)(B), in the January issue of the Tax Management International Journal. They provide background on arrangements that motivated the proposed regulations, discuss the proposed regulations and Treasury’s stated rationale for issuing them, and consider their implications for taxpayers.


Contents

Click here to access the original alert.

Contact Information
Ethan Kroll
Partner
Los Angeles
Read my Bio
ethan.kroll@bakermckenzie.com
Samuel Pollack
Partner
Chicago
Read my Bio
Samuel.Pollack@bakermckenzie.com

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