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U.S. GAO Finds New Debt-Equity Regs in Compliance with Promulgation Rules

|Approved Changes|United States
United States

On 28 November 2016, the U.S. Government Accountability Office (GAO) released its report on the compliance of the IRS's promulgation of new debt-equity rules to address corporate inversions and earnings stripping. The rules were published in the Federal Register as final and temporary regulations entitled "Treatment of Certain Interests in Corporations as Stock or Indebtedness" on 21 October 20…

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