A Note From the Editor-in-Chief

Lowell D. Yoder
September 2010
International Tax Journal;Sep2010, Vol. 36 Issue 5, p3
Academic Journal
The article focuses on the modification in the hopscotch rule made by legislation, limiting the amount of foreign tax credits under the subpart F in the U.S. It states that the U.S. shareholders of a controlled foreign corporation (CFC) are required to include the shares of the subpart F income resulting from investments in U.S. property in their gross incomes. It informs that the new rule would be effective for investments in the U.S. property that are made after May 20, 2010.


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