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tax break: Final FDII Regulations (Part 1)

tax break Podcast

This week, hosts Steve Dixon* and Loren Ponds discuss the final FDII regulations from July with Jeff Tebbs, International Tax Counsel at Lockheed Martin. They cover:

  • Allocation of R&E expenses, which Treasury did not address
  • Finalized regulations treating 250(b) as operative under 861 allocation and apportionment rules
  • Sales of general property that primarily contain digital content
  • How final regulations relax documentation and substantiation requirements

Thanks to Jeff Tebbs for joining us.

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tax break is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.

tax break is a podcast about tax law, brought to you by Miller & Chevalier and hosted by Steve Dixon and Loren Ponds. We'll provide you with perspective on select tax issues that will go deeper than what the tax press covers, but not so deep that you'll have to pull out your regulations or read treatises to follow along. The aim of tax break is to focus only on the tax law issues that we find interesting. Subscribe to tax break wherever you get your podcasts: Apple Podcasts | Spotify | Google Podcasts | Stitcher | YouTube

*Former Miller & Chevalier attorney