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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