Page 253 - International Taxation IRS Training Guides
P. 253
Glossary
of Terms
Acronym/Terms Definition
BEAT Base Erosion and Anti-Abuse Tax
CFC Controlled Foreign Corporation
DRD Dividends Received Deduction
DTIR Deemed Tangible Income Return
E&P Earnings and Profits
FDII Foreign-Derived Intangible Income
FTC Foreign Tax Credit
GILTI Global Low-Taxed Intangible Income
PFIC Passive Foreign Investment Company
QBAI Qualified Business Asset Investment
REIT Real Estate Investment Trust
RIC Regulated Investment Company
SFC Specified Foreign Corporation
TCJA Tax Cuts and Jobs Act
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