IRS Finalizes Rules on Relief From Failure to File GRAs

The IRS finalized proposed regulations to update the rules that apply to U.S. taxpayers that fail to file gain recognition agreements when they transfer certain property to foreign corporations in nonrecognition transactions.

Source: http://feedproxy.google.com/~r/AICPA_Tax/~3/FAKEpDR_zhM/20141118.aspx

income tax accounting accounting tax tax accounting accounting income tax accountant