First Round of Proposed GILTI Regulations Avoids the Hard(er) Stuff

Written by and

The IRS’s opening salvo of proposed regulations under the Tax Cuts and Jobs Act’s global intangible low-taxed income is as complex as you would think. Our International Tax Group cuts through the clutter to address the key takeaways:

  • Computation of GILTI inclusion
  • Anti-abuse rules
  • GILTI guidance still to come

Read the full advisory here.