Page 188 - International Taxation IRS Training Guides
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GILTI Calculation:                                              Net DTIR











              Net DTIR =       10% x $100 = $10
                                                                       USP


















                                                  CFC1                                 CFC2






                                         Tested income CFC                          Tested loss CFC
                                         QBAI = $100                                QBAI = $0


                                         Interest Expense = 0	                      Interest Expense = 0
                                                                                    QBAI if CFC2 were a tested

                                                                                                         $600
                                                                                    income CFC =



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