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Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income; Correction

tax-irs · IRS · Rule · Published 2020-11-03 · Effective 2020-11-02 · 85 FR 69500

Document

Document number
2020-22996
Federal Register citation
85 FR 69500
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations; correction.
Category
tax-irs
Sub-agency
IRS
Publication date
2020-11-03
Effective date
2020-11-02
Treasury docket
TD 9901

Abstract

This document contains corrections to the final regulations (Treasury Decision 9901) that were published in the Federal Register on Wednesday July 15, 2020. Treasury Decision 9901 contained final regulations that provide guidance regarding the deduction for foreign- derived intangible income (FDII) and global intangible low-taxed income (GILTI) and for coordinating the deduction for FDII and GILTI with other provisions in the Internal Revenue Code.

Source

Authoritative
Federal Register document
Machine
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