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The Application of §1411 to Income from CFCs and PFICs

Weil Tax, Benefits, and Executive Compensation partners Kimberly Blanchard and David Bower have authored the article “The Application of §1411 to Income from CFCs and PFICs.” The article discusses §1411, which imposes a 3.8% tax on the “net investment income” of individuals, trusts, and estates, and the proposed regulations that implicate controlled foreign corporations (CFCs) and passive foreign investment companies (PFICs).

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