TCJA Technical Glitches, Minority Investments in Foreign Corps.

Cleary Gottlieb partners Meyer Fedida and Corey Goodman co-authored a letter to the editor of Tax Notes on the pending Tax Cuts and Jobs Act (TCJA).

The letter discusses the TCJA’s proposed changes to the U.S. tax rules relating to ownership of stock in foreign corporations by U.S. persons that are U.S. shareholders.

To read the letter, click here.