Regs. on Notional Principal Contracts Change Treatment of Nonperiodic Payments | Lauzen Accounting

Regs. on Notional Principal Contracts Change Treatment of Nonperiodic Payments

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The IRS issued temporary and proposed rules under Secs. 446 and 956 amending how nonperiodic payments made or received under certain notional principal contracts are treated.

Source:: AICPA – Tax

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