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IRS Seeks Comment on Conduit Arrangements Recordkeeping Requirements
May 13, 2025
WASHINGTON, May 13 (TNSFRinfo) -- The U.S. Department of the Treasury Internal Revenue Service (IRS) is requesting public comments on the recordkeeping requirements for conduit arrangements. These requirements, outlined in Treasury Decision (TD) 8611, allow the IRS to recharacterize financing arrangements as conduit arrangements, potentially affecting the amount of U.S. withholding tax due on related transactions.

The TD mandates that parties involved in such arrangements maintain s . . .

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