Finance & markets · 04/10/2019Updated: 10/17/2026 · 1 min read
IRS Issues Guidance on Global Intangible Low-Taxed Income and Foreign Tax Credits
The Internal Revenue Service (IRS) has released new guidance related to Section 951A of the Tax Cuts and Jobs Act, which deals with the taxation of global intangible low-taxed income, as well as certain foreign tax credits.
Original source language: Federal Register — Department of the TreasuryOpen original release →