Form 2439 is an IRS form that mutual funds must send to their shareholders to inform them of undistributed capital gains and taxes paid on those gains.

The IRS is seeing an uptick in overstated or fabricated claims tied to undistributed long-term capital gains claims via Form 2439, Notice to Shareholder of Undistributed Long-Term Capital Gains. The ...

This week, the US Supreme Court denied a $15,000 refund to stockholders Charles and Kathleen Moore for taxes they paid on their share of undistributed profits from an offshore corporation. The Court ...

The Federal Board of Revenue (FBR) has recommended the imposition of a 5% tax on bonus shares issued by companies and on their undistributed profits in the next budget. This proposal would primarily ...

A report Tuesday from accounting analysts at JP Morgan seems to put a reliable number on the amount of cash that U.S. corporations hold in their foreign subsidiaries, and it’s a doozy. Of the 880 ...