Today news
About the same in other media
Treasury Moves to Ease Limits on Foreign Tax Credits After Companies Object
Reading now: 324
wsj.comWASHINGTON—The U.S. Treasury Department is softening its limits on foreign tax credits, responding to corporations that have been warning about double taxation.
The department issued corrections Tuesday to rules released in December that have drawn furious complaints from multinational companies. The change makes clear that foreign income taxes don’t have to precisely mirror U.S. income-tax rules for when certain costs can be deducted in order to qualify for foreign tax credits.
Read more on wsj.comAbout this in other media
Stocks making the biggest moves after hours: Coinbase, Sweetgreen, Roblox and more cnbc.com /1 year ago
Stocks making the biggest moves after hours: Novavax, Upstart, Allbirds and more cnbc.com /1 year ago
US Treasury sanctions USDC and ETH addresses connected to Tornado Cash cointelegraph.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
