April 5, 2023
International Tax Co-leader Mark Chave’s latest article for Ecovis Global discusses ordering rules for distributions from US corporations to foreign shareholders.
Ecovis Global
By Mark Chaves, Partner, International Tax Co-Leader
Excerpt:
Owners of such companies must remember US ordering rules when it comes to determining the US income tax consequences of distributing cash or other property from a US corporation to a foreign shareholder.