Tennessee advises taxpayers on how to report earnings repatriated under IRC Sec. 965 as required by the Tax Cuts and Jobs Act (TCJA). The Internal Revenue Service (IRS) has issued some guidance on the IRC Sec. 965 transition tax. How Corporations Should Report Foreign Earnings Corporations should not include repatriated earnings in their earnings on […]
The post Tennessee Explains Reporting of Repatriated Earnings appeared first on Tax & Accounting Blog.