
Credit Repair: Do the Proposed Foreign Tax Credit Regulations Do Enough?
December 16, 2022
Episode 11-2022 | On November 18, Treasury and the IRS proposed changes to the final foreign tax credit regulations to address taxpayer concerns over some of the rules’ unintended consequences in rendering certain foreign income taxes and royalty withholding taxes noncreditable. This episode explores the effectiveness of the proposed changes in fixing these shortfalls and outlines actions taxpayers can be taking. [39:07]