# Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income
> **IRS** · Final regulations. · Published 2020-07-15 · Effective 2020-09-14 · 85 FR 43042
## Document
- **Document number:** 2020-14649
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 85 FR 43042
- **CFR reference:** 26 CFR 1
- **Publication date:** 2020-07-15
- **Effective date:** 2020-09-14
- **Treasury docket:** TD 9901
## Abstract

This document contains final regulations that provide guidance regarding the deduction for foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI). This document also contains final regulations coordinating the deduction for FDII and GILTI with other provisions in the Internal Revenue Code. These regulations generally affect domestic corporations and individuals who elect to be subject to tax at corporate rates for purposes of inclusions under subpart F and GILTI.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/07/15/2020-14649/deduction-for-foreign-derived-intangible-income-and-global-intangible-low-taxed-income)
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