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Q&A About Reporting Related to Section 965

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On March, 13, 2018, the Internal Revenue Service (IRS) provided additional information to help taxpayers meet their filing and payment requirements for the Section 965 in a question and answer format entitled, “Questions and Answers about Reporting to Section 965 on 2017 Tax Returns”.

Please click this link for the official IRS guidance :

https://www.irs.gov/newsroom/questions-and-answers-about-reporting-related-to-section-965-on-2017-tax-returns

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The FAQ provides welcomed guidance on various procedural aspects related to Section 965. Hopefully, the additional guidance that should be forthcoming in advance of April 2, 2018, clearly addresses various open issues and questions related to Section 965.

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