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Expert Analysis

Foreign Tax Credit Proposal Is Some Help, But More Is Needed

By Adam Halpern, David Forst and Mike Knobler (December 1, 2022, 7:02 PM EST) -- In the newly released proposed foreign tax credit regulations, the U.S. Department of the Treasury provided some measure of relief on cost recovery and royalty withholding, two of the most troublesome aspects of the final foreign tax credit regulations that were published in January.[1]...

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