On November 3, FMC Technologies (FMC), an oil and gas equipment services company, announced that it reached a resolution with the IRS about a proposed adjustment to the company’s federal income tax returns for the 2004 and 2005 tax years.
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
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