Page 613 - Large Business IRS Training Guides
P. 613
US shareholder-level vs. CFC-level items
• GILTI
USP • Net CFC tested income
• Net DTIR
• Specified interest expense
US shareholder-level
Pro rata
CFC-level share
• Tested income
• Tested loss
• QBAI
CFC1 CFC2 CFC3 • Tested interest expense
• Tested interest income
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