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Proposed PTEP Regulations, Dividend Equivalent Redemptions, and Granite Trust

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Proposed PTEP Regulations, Dividend Equivalent Redemptions, and Granite Trust

  • By Lee A. Sheppard

Lee A. Sheppard considers what happens to basis in dividend equivalent redemptions involving controlled foreign corporations with earnings and profits representing previously taxed earnings and profits, a problem Treasury plans to address in future rulemaking.

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