Everyone is talking about GILTI, but what is anyone doing about it? At its barest essence, GILTI results in the income of a foreign subsidiary that exceeds a 10% return on assets hitting your U.S. return. This program provides a practical approach on GILTI rules to simplify 300 pages of regulations.
- Understand the GILTI calculation
- Planning to minimize GILTI
Level of Difficulty:
- The calculation of GILTI
- How to determine tested income and qualified business asset investment
- Planning to reduce the tax impact of GILTI
Tax professionals who have clients conducting business abroad through foreign corporations.