While a "lame duck" Congress is focused on funding the government, Treasury has issued final foreign currency regulations that retain many of the provisions in the proposed regulations but add some taxpayer-friendly provisions. The government also issued proposed regulations intended to reduce taxpayer burden. Up for company consideration: Consider tax accounting issues and elections for 2025.

IN THIS EPISODE
Laura Valestin, Partner, PwC’s International Tax Services Practice
Sindhu Blume, Host, Policy on Demand
Scott, McCandless, Host, Policy on Demand

TO WATCH AND READ
Policy on Demand: Week in Review with Janice Mays (12/13/24)
PwC Insight: Treasury releases final regulations on currency gains and losses of qualified business units (12/10/24)
Policy on Demand: Expect heavy lift from new R&D credit form (12/10/24)

HAPPENING THIS WEEK
December 18: The Joint Economic Committee will hold a hearing on trade and tariffs.

UPCOMING WEBCASTS
Register for Tax Readiness: Q4 Tax accounting considerations (Tuesday, December 17, 2024 | 2:00 – 3:00 PM ET)
Register for Tax Readiness: Navigating the PTEP proposed regulations (Thursday, December 19, 2024 | 3:00 – 4:00 PM ET)

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