Finance & markets · 29/09/2020

Treasury Issues Corrections to Guidance on Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income

The U.S. Treasury has released corrections to its guidance on the deduction for foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI), which was published in the Federal Register on July 15, 2020