Page 672 - Large Business IRS Training Guides

Lesson Summary 4

you are able to:
Now

• Identify
US shareholders and controlled foreign
corporations

GILTI regime;
• Describe the new

• Apply the new GILTI
rules;

implications for GILTI; and
• Describe the FTC

• Compare and contrast
the GILTI and subpart F regimes.

• Identify relevant
forms.

• Identify
taxpayer planning strategies and key takeaways.

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