1. The OECD Doesn't Get GILTI.
- Author
-
Weber, Julia Skubis and Lipeles, Stewart
- Subjects
Organisation for Economic Co-operation and Development -- Powers and duties -- Aims and objectives -- Tax policy ,Tax rates -- Laws, regulations and rules ,Foreign tax credit -- Laws, regulations and rules ,Controlled foreign corporations -- Taxation -- Laws, regulations and rules ,Foreign source income taxation -- Laws, regulations and rules ,Corporate income taxes -- Prices and rates -- Laws, regulations and rules ,Government regulation ,Company pricing policy ,Tax Cuts and Jobs Act of 2017 ,Internal Revenue Code (I.R.C. 861) (I.R.C. 904) (I.R.C. 250) - Abstract
Treasury determined that taxpayers are required to allocate and apportion U.S. shareholder deductions (including those for interest expense) to global intangible low-taxed income ("GILTI") in 2019 when it issued final [...]
- Published
- 2023