IRS outlines how to report and pay transition tax liability on 2017 returns

13 March 2018

In Frequently Asked Questions (FAQs), the IRS has outlined how taxpayers subject to the Section 965 transition tax should report and pay the tax liability on their 2017 income tax returns. The FAQs also include information on various elections taxpayers can make under Section 965. A Tax Alert on the FAQs is forthcoming.

Document ID: 2018-9006

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