Sec. 965 Transition Tax Penalty Relief Issued Reviewed by Momizat on . The IRS announced relief from late-payment penalties and that it will allow late elections for taxpayers subject to the new Sec. 965 transition tax on deemed re The IRS announced relief from late-payment penalties and that it will allow late elections for taxpayers subject to the new Sec. 965 transition tax on deemed re Rating: 0
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Sec. 965 Transition Tax Penalty Relief Issued

Posted date: July 02, 2018 In: QuickPress

The IRS announced relief from late-payment penalties and that it will allow late elections for taxpayers subject to the new Sec. 965 transition tax on deemed repatriated foreign earnings, which was enacted by P.L. 115-97, known as the Tax Cuts and Jobs Act of 2017.

To read the full article in The Tax Adviser, click: Sec. 965 Transition Tax Penalty Relief Issued.

The National Association of Certified Valuators and Analysts (NACVA) supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines.

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