Page 214 - International Taxation IRS Training Guides
P. 214

Example




                     What TCJA  Provisions Apply?






                                                                                           Payment for                  FDII
                                               GILTI
                                      Sales/Services to
                                                                                           Foreign Customers
                                                                      USP






                BEAT

                       Service
                       Fees

                                                 Royalty



                           CFC1                    FDII
             CFC2                                        FBR



                                                                                                           Earns Income
                   Earns Subpart and                           Earns Subpart and

                Non-Subpart F Income                        Non-Subpart F Income                            Foreign branch

                                GILTI                                          GILTI                        FTC basket


                                GILTI FTC basket                               GILTI FTC basket


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