HomeinsuranceIRS Issues PLR for Foreign Government Income Exclusion Confirming Governmental Functions

IRS Issues PLR for Foreign Government Income Exclusion Confirming Governmental Functions

The IRS has issued a private letter ruling on I.R.C. §892 and Treas. Reg. §1.892 confirming that a foreign government controlled entity’s provision of compulsory accident insurance to specified employee groups, operation of specialized rehabilitation… [395 chars]

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