Washington Dispatch, January 2008

New US Tax Treaty With Belgium, Tax Protocols with Denmark, Finland, and Germany in Force -- IRS Announces Mexico's Flat Rate Business Tax Creditable ... For Now -- IRS Regulations Issued Coordinating Overall Domestic Loss Provisions With Overall Foreign Loss Provisions, Update Separate Limitation Loss Guidance -- IRS Temporary and Proposed Regs Address Reduction in Foreign Tax Credit Limitation Categories -- US Announces Plans to Issue Future Regs to Prevent Repatriation of Cash, Boot to US Without Gain --- IRS Issues CCA on Application of Section 367(a) Anti-Stuffing Rule -- IRS Finds Valuation Misstatement on GRA Renders Outbound Transfer Taxable