Page 50 - International Taxation IRS Training Guides
P. 50
Hybrid Mismatch Policies
Deduction/No Double
Deduction (“DD”)
Inclusion (“D/NI”)
Foreign
Co
+ Co $100 U.S.
Hybrid U.S.: Interest
Instrument Expense Interest
Country A: ($100) DE
Exempt Dividend Bank
_
Co
U.S.
Foreign
$100 Operating
$100
Income
Sub
Group Economic Group Economic Income: $100
Income: $100
Group Taxable Income: $0
Group Taxable Income: $0
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