The IRS has announced that regulations will be issued identifying certain stock of a foreign corporation that is not taken into account to determine ownership of the foreign corporation for purposes of Code Sec. 7874(a)(2)(B)(ii).

www.TaxCourt.us and www.TaxLawCenter.com are NOT government web sites. They are private sites maintained by the Law Offices of Gary D. Borek. You can send email to our offices at admin@taxlawcenter.com or click on the Contact Information in the main menu for additional information. We limit our practice to civil and criminal tax matters, including audits, investigations, tax litigation, and tax collection matters. Thank you for visiting our website and we hope the information presented here will be of value to the visitors to this website.

About Us

Home

News Items

Main Menu

Reference Material

SUMMARY: The IRS has announced that regulations will be issued identifying certain stock of a foreign corporation that is not taken into account to determine ownership of the foreign corporation for purposes of Code Sec. 7874(a)(2)(B)(ii).

TOPIC: Foreign Tax Issues

SECTION: 7874. Rules relating to expatriated entities and their foreign parents

CITATION: Notice 2009-78, I.R.B. 2009-40, September 17, 2009

DATE: 2009-09-16

DOC TYPE: Notice

EXPLANATION:

< Prev		Next >

Archived Tax News

December, 2008