March 2008
Practical Accountant;Mar2008, Vol. 41 Issue 3, p10
Trade Publication
The article discusses the final and temporary regulations, Treasury Department (T.D.) 9368, in the U.S. The T.D. 9368 serves as proposed regulations, REG-114126-07, regarding the reduction of the number of separate foreign tax credit limitation categories under Section 904(d). It is applicable to taxable years of taxpayers beginning after December 31, 2006 and ending on or, after December 21, 2007, and to taxable years of foreign corporations.


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