" ... discusses primarily the income tax exemptions under [section] 892, [section] 893 and [section] 895. The Portfolio explores the development of the exemption under [section] 892(a) for foreign governments, particularly the limitations placed on the scope of the exemption by the 1986 Tax Reform Act and by the 1988 temporary regulations and the clarifications (and liberalization) of existing rules by the 2011 proposed regulations. It analyzes in detail what types of organizations are exempt from tax and what kinds of income received by such organizations are exempt from tax. There is an extensive analysis of the issues raised by the regulations under [section] 892 and the ambiguities still present in the law. Tax planning suggestions are also presented and analyzed. It further explores the broader income tax exemption available to certain international organizations under [section] 892(b)."
Authors: Brett R. Dick, Babak E. Nikravesh, and Teresa A. Maloney, . Previously published as Tax Management portfolio 913-4th, . Formerly published in Washington, D.C., 2005-2007.
Bibliography, etc. Note
Includes bibliographical references.
Formatted Contents Note
Detailed analysis. Introduction Exemption from U.S. income taxation of foreign governments and international organizations under [section] 892 Exemption from U.S. income taxation of compensation of employees of foreign governments and international organizations under [section] 893 Exemption from U.S. income taxation of foreign central banks under [section] 895 Other exemption possibilities Working papers.
Digital File Characteristics
System Details Note
Mode of access: World Wide Web.
Source of Description
Description based on contents viewed on May 31, 2018; title from description page.
Available in Other Form
Print version: Nikravesh, Babak E. U.S. income taxation of foreign governments, international organizations, central banks, and their employees. Arlington, VA, : Tax Management, Inc., -