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LB&I Process Unit Knowledge Base – Repatriation (Business ...

LB&I Process Unit Knowledge Base Repatriation (Business Outbound) Library Level Number Title Shelf Business Outbound Book 4 Repatriation (Business Outbound) Chapter Investment in Property Section Determination of Amount of Investment in Property ( , determination of basis in investment and CFC E&P) Subsection N/A N/A Unit Name Calculation of the IRC 956 inclusion Primary UIL Code Determination of Amount of Investment in Property ( , determination of basis in investment and CFC E&P) Document Control Number (DCN) RPA/P/04_01_03-01 Date of Last Update 06/30/17 Note: This document is not an official pronouncement of law, and cannot be used, cited or relied upon as such.

This Practice Unit provides a process to calculate the IRC 956 Inclusion. U.S. corporations with substantial foreign operations typically conduct business in …

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