U.S. Tax Review: Foreign Currency Proposed Regs, Post-TCJA Repatriations, and OECD’s Progress Report on Amount A
In the latest installment of U.S. Tax Review, Larissa Neumann and Julia Ushakova-Stein examine proposed regulations on foreign currency options; the demise of the Hungary-U.S. tax treaty; comments by the New York State Bar Association Tax Section regarding potential changes to section 367(b) repatriation regs necessitated by the Tax Cuts and Jobs Act; and the OECD’s progress report on the practical implementation of pillar 1 amount A.
Read the full commentary and analysis on Tax Notes.