Concerns Regarding Tangible Property Regulations
February 9, 2015Final Rules Govern Foreign Tax Credit Splitter Arrangements
February 10, 2015The IRS issued final rules for tangible property (T.D. 9689) that largely adopted the proposed regulations issued in 2013. The IRS also issued the procedural guidance (Rev. Proc. 2014-54). All taxpayers who have depreciable assets or who buy, sell, improve, or dispose of assets must comply
Source:: AICPA – Tax