The Proposed Regulations, released November 28, are the first form of administrative guidance with respect to the foreign tax credit (FTC) regime following the enactment of the 2017 Tax Reform Act (the Act).
The proposed regulations raise a number of important issues. PwC on December 12 hosted a webcast featuring PwC specialists who discussed some of these issues. The Tax Insight below highlights those discussions and you can watch the webcast replay.
