GILTI At A Glance

8/30/2019
GILTI is the new provision for controlled foreign corporations (CFCs) ushered in by the Tax Cuts and Jobs Act of 2017. Along with other international taxation regimes such as effectively connected income and Subpart F, GILTI means many U.S. shareholders will now face taxation on more of the earnings of their CFCs.
GILTI At A Glance
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