The Tax Department issued guidance regarding the treatment of IRC § 965 repatriation amounts for tax year 2017 for corporations and flow-through entities:

• N-18-7, Tax Treatment of IRC § 965 Repatriation Amounts for Tax Year 2017 for New York C Corporations, Insurance Corporations, and Exempt Organizations
• N-18-8, Tax Treatment of IRC § 965 Repatriation Amounts for Tax Year 2017 for Flow-through Entities