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Recent Treasury Regulations Simplify and Clarify International Shipping and Aviation Rules


by Joseph K. Fletcher
Holland & Knight LLP
San Francisco Office

May 3, 2008

Previously published on June 29, 2007

On June 22, 2007, final and temporary regulations were issued, with an effective date of June 25, 2007, that contain positive changes in U.S. tax law as it relates to the treatment of income from the international operation of ships and aircraft.


 

The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.




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