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Monday, December 11, 2006

NYSBA Tax Section Submits Comments on FPHCs & CFCs

Nysba_logoThe New York State Bar Association Tax Section has sent a letter and report to the Treasury Department and IRS on Section 954(c)(6)’s Exclusion from Foreign Personal Holding Company Income Status for Certain Payments Made by a Controlled Foreign Corporation.

http://taxprof.typepad.com/taxprof_blog/2006/12/nysba_tax_secti.html

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