Treasury & Taxation
November 29, 2016
The new tax rules are a good reminder to systemize tracking of intercompany lending.
The scope of new rules under Section 385 of the US Tax Code may have been reduced, but they will still require plenty of work from MNCs with intercompany lending programs. In fact, regulators worldwide have increasingly scrutinized MNCs’ intercompany lending practices, suggesting that systemizing policies and procedures to track and...