BOOK
MNCs should start addressing sec. 404A issues. (multinational corporations): An article from: The Tax Adviser
Josh G. Windsor
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About this product:
This digital document is an article from The Tax Adviser, published by American Institute of CPA's on July 1, 1996. The length of the article is 867 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Multinational corporations with foreign branch operations or foreign subsidiaries that offer deferred compensation plans should be preparing for the final IRS regulations under IRC section 404A that will be issued in 1996. Election under section 404A can reduce foreign subsidiary earnings and profits or foreign branch income which will in turn increase available foreign tax credits. Greater tax credits can be used to offset US-source income. Returns should be reviewed to ensure that elections have been made and that deductions are proper.
Citation Details
Title: MNCs should start addressing sec. 404A issues. (multinational corporations)
Author: Donna J. Siemaszko
Publication: The Tax Adviser (Magazine/Journal)
Date: July 1, 1996
Publisher: American Institute of CPA's
Volume: 27 Issue: n7 Page: 411(3)
Distributed by Thomson Gale