Reg 385 Offers Only Two Endings for Treasury: Bad or Worse

October 26, 2016

While there are many regulations treasurers need to pay attention to, the Treasury Department’s proposed changes to Internal Revenue Code section 385 have the potential to significantly impact treasury departments at large. The focus of the proposed changes is generally to minimize tax inversions and the use of intercompany financing to repatriate profitability from global operations.

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