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Financing international operations: recent IRS interpretation of the Code sec. 267(a)(3)(B) payment standard could disrupt taxation of international Treasury operations.

Authors :
Harter, L.G.
Shapiro, David H.
Bouzis, Elizabeth
Source :
The International Tax Journal. March-April, 2015, Vol. 41 Issue 2, p5, 12 p.
Publication Year :
2015

Abstract

Code Sec. 267(a)(3)(B) generally provides that a taxpayer accruing a deductible amount owed to a related foreign person is not entitled to a deduction in a year before the amount [...]

Details

Language :
English
ISSN :
00977314
Volume :
41
Issue :
2
Database :
Gale General OneFile
Journal :
The International Tax Journal
Publication Type :
Periodical
Accession number :
edsgcl.410901271