Final Regulations: FDII and GILTI Deductions under Section 250

On July 9, 2020, the U.S. Treasury Department and IRS released final regulations concerning the deduction for foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI), which were introduced under section 250 in the 2017 U.S. tax law, often referred to as the Tax Cuts and Jobs Act.

KPMG LLP (KPMG) is pleased to invite you to a 90-minute webcast on the final regulations and their potential impact on multinational businesses. Senior Washington National Tax professionals from the International Tax and Income Tax Accounting groups provide a general overview of the final regulations, including a particular focus on the applicability dates and the changes from the proposed regulations.