Skip to main content

Layla Asali Comments on DRD Holding Period Requirement in Tax Notes

"Treasury Rethinking How It Views DRD Holding Period Requirement"

Tax Notes

Layla Asali discussed potential section 245A guidance with government officials at a recent DC Bar virtual conference. She asked whether the Treasury and IRS were considering providing guidance relating to the 12-month holding period required for the section 245A dividends-received deduction (DRD), and government officials provided an update on their thinking on potential guidance relating to the DRD, or participation exemption.