Taxpayers: Watch How States Respond To IRC Section 965

By Stephen Kranz, Alysse McLoughlin, Diann Smith & Kathleen Quinn (February 28, 2018, 5:32 PM EST) -- Since the Federal Tax Reform bill, commonly referred to as the Tax Cuts and Jobs Act, was enacted at the end of 2017, we have seen state legislatures, state taxing authorities, and individual and business taxpayers respond to the various (and sometimes drastic) changes effected by the TCJA. This article discusses recent legislative developments in the northeast aimed at addressing one of the TCJA's most notable provisions, the foreign earnings deemed repatriation provisions in Internal Revenue Code section 965, as well as the establishment of a new multistate taxpayer coalition to represent taxpayer concerns as the states begin to adapt to the new IRC....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!