KPMG report: Navigating the turbulent waters of the section 704(c) ceiling rule

Core principles of section 704(c) and how ceiling rule may result in unanticipated consequences

Core principles of section 704(c) and how ceiling rule may result in consequences

KPMG LLP professionals prepared a December 2022 report* [PDF 4 MB] that examines the core principles of section 704(c) and how the ceiling rule may result in unanticipated consequences for taxpayers.

*This article appears in Tax Notes Federal (December 5, 2022) and is provided with permission.

 

 

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