The IRS on November 26 issued proposed regulations under new Section 163(j), effective for tax years ending after the date the final regulations are published in the Federal Register. The regulations state that taxpayers may elect to apply the regulations to tax years beginning after December 31, 2017, if certain conditions are met.
The proposed regulations raise a number of important issues. PwC on December 6 hosted a webcast featuring PwC specialists who discussed some of these issues. The Insight below highlights those discussions.
Watch the webcast replay and register for future webcasts in PwC’s Tax Reform Readiness series, which addresses other areas affected by tax reform.
Also watch these key webcast takeaways
