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U.S. IRS and Treasury Issue Corrections to Regulations Providing Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income

|Approved Changes|United States
United States

The U.S. IRS and Treasury have issued corrections to the regulations, Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income (TD 9959). The corrections are made through two separate documents, including correction document 2022-15867 and correction document 2022-15868. Both documents include corrections to fix typographical errors and further clarify t…

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