United States: IRS Issues Final Regulations On Deduction For Certain Fines And Penalties Under Section 162(f) - Shearman & Sterling LLP

United States: IRS Issues Final Regulations On Deduction For Certain Fines And Penalties Under Section 162(f) - Shearman & Sterling LLP

Mondaq

Published

On January 12, 2021, the IRS issued final regulations on Internal Revenue Code section 162(f), as amended by the TCJA,[1] concerning the deduction of certain fines, penalties, and other amounts

Full Article