Collected Comments on Proposed Regs: Foreign Tax Credit

The IRS has scheduled an April 7 public hearing on proposed foreign tax credit regulations (REG-101657-20) that provide guidance on a dozen aspects of the credit, including expense allocation, foreign tax liability, and deductions of life insurance companies.

Documents

The following documents are available from Tax Analysts:

• Comments from an individual.

• Comments from Baker McKenzie LLP.

• Comments from U.S. Chamber of Commerce.

• Comments from Ivins, Phillips & Barker.

• Comments from New York State Bar Association Tax Section.

• Comments from United States Council for International Business.

• Comments from Aflac Inc.

• Comments from Fenwick & West LLP.

• Comments from Puerto Rico, Department of Treasury.

• Comments from National Foreign Trade Council.

• Comments from PwC.

• Comments from Covington & Burling LLP.

• Comments from Silicon Valley Tax Directors Group.

• Comments from Semiconductor Industry Association.

• Comments from global life insurance companies.

• Comments from National Association of Manufacturers.

• Comments from Software Coalition.

• Comments from American Council of Life Insurers.

• Comments from Puerto Rico Manufacturers Association.

• Comments from McDermott Will & Emery.

• Comments from Alliance for Competitive Taxation.

• Comments from Securities Industry and Financial Markets Association.