Planning for the Challenges of Foreign Subsidiaries with Global Intangible Low-Taxed Income

Description

Everyone is talking about GILTI, but what is anyone doing about it? The income of a foreign subsidiary that exceeds a 10% return on assets will hit your U.S. return. Learn about GILTI rules and gain an understanding of a practical approach to resolving GILTI issues.

Highlights

• The calculation of GILTI
• How to determine tested income and qualified business asset investment
• Planning to reduce the tax impact of GILTI

Objectives

• Understand the GILTI calculation
• Planning to minimize GILTI

Designed For

Tax professionals who have clients conducting business abroad through foreign corporations.