Radio Interview: IRS Removes Cuba From Sanctioned Country List
Kaufman Rossin’s Carlos Somoza spoke with WIOD 610 AM to discuss the IRS’ move to remove Cuba from the sanctioned country list and how this will now allow U.S. businesses operating there to qualify for foreign tax credit. Somoza mentions businesses might face some challenges from a legal perspective.
Carlos A. Somoza, JD, LL.M., is a International Tax Principal at Kaufman Rossin, one of the Top 100 CPA and advisory firms in the U.S.