U.S. Tax Review: OECD Pillar Guidance, FTC Regs Relief, ABA on APA, and CFC Loss Guidance
By: Larissa B. Neumann , Julia Ushakova-Stein , Michael Knobler
In this installment of U.S. Tax Review, tax partners Larissa Neumann, Julia Ushakova-Stein and Mike Knobler explain temporary relief to new foreign tax credit regs, address American Bar Association comments on the advance pricing agreement process, and review several aspects of the OECD pillars 1 and 2, including implementation and the possible effect on U.S. tax revenue.
Read the full commentary and analysis in Tax Notes.