The Friday Edition
A biweekly newsletter for international tax professionals
What’s New This Week?
OBBBA: no more downward attribution and the brand new IRC section 951B
Hello and welcome once again to The Friday Edition. Every other Friday, more international tax fun from me, Phil Hodgen. If someone forwarded this newsletter to you, please subscribe for your own copy straight to your inbox. Sign up at internationaltaxlaw.com. Watch a bunch of international tax videos on YouTube. Maybe even join the International Tax Pros–a community of accountants, enrolled agents, and attorneys who do lots of international tax stuff in their day jobs. Strap in for a bit of a ride. This is an overview of two provisions from the One Big Beautiful Bill (OBBBA). One change means…