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The ITPF News Blog is managed by the students at the University of Florida Levin College of Law International Tax LLM Program.

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Tax Group Seeks to Ease Burden for CFCs Supporting U.S. Debt

The New York State Bar Association Tax Section urged the IRS to make it clear that multiple controlled foreign corporations that support a debt obligation of a U.S. person won't each be stuck with the entire obligation under tax code Section 956(d).

For the DTr story, go here. (subscription required)

By Bennett, Alison , posted on Wednesday December 23, 2015
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