Rimon

Entries tagged “subpart f income webinar”

CPE Tax Webinar: Subpart F Income Rules and Sections 956, 958 and 1248: The Reporting Challenges of Controlled Foreign Corporations. Thursday, July 21, 2016

events CPE Tax Webinar: Subpart F Income Rules and Sections 956, 958 and 1248: The Reporting Challenges of Controlled Foreign Corporations.  Thursday, July 21, 2016 Melinda Fellner · July 21, 2016

Baseline Foreign source income earned by a foreign corporation is generally not taxed by the U.S. until the income is distributed — or made available on a “permanent basis” — to the U.S. shareholder(s) or invested in U.S. property. This deferral of U.S. taxation has been allowed from a policy standpoint on the grounds that it encourages investment…

Continue Reading…