TEI Weighing Comments on Section 987 and 901(m) regulations
TEI Staff

In December 2016, Treasury and the IRS issued new regulations under section 987 regarding foreign currency regulations and section 901(m) regarding covered asset acquisitions. These regulations will have a significant impact on TEI members working for multinational companies. Please contact Ben Shreck, TEI Tax Counsel, at bshreck@tei.org if you would like to assist in drafting TEI's comments on these regulations. Comments are due to the IRS and Treasury Department in early March.