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U.S. Substantial Business Activities Regulations for an Expanded Affiliated Group Issued

|Approved Changes|United States
United States

On 3 June 2015, the U.S. IRS and U.S. Treasury issued Final Regulations T.D. 9720 concerning when an expanded affiliated group (EAG) will be considered to have substantial business activities in a foreign country. As included in the 2012 temporary regulations, the final regulations maintain that an EAG will be considered to have substantial business activities in the relevant foreign country on…