Tuesday, February 10, 2009

More Dismay from 457A

Unanswered Questions Abound - From D&T

"Notice 2009-8 provides helpful information on compliance with IRC § 457A. Application of this section in practice, however, may be complicated for multinational corporations with operations and subsidiaries in different jurisdictions, including corporations that have a US corporation as the parent entity, and for tiered partnerships."

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