Page 314 - International Taxation IRS Training Guides
P. 314
Glossary of Terms (Cont’d)
Acronym/Terms Definition
ETR Effective Tax Rate
FBR True Foreign Branch
FC Foreign Corporation
FDE Foreign Disregarded Entity
FDII Foreign Derived Intangible Income
Financial/”Book” US GAAP Financial Book income
FP Foreign Parent Company
FSI Foreign Source Income
FTC Foreign Tax Credit
FTR Foreign Tax Rate
GTOC Global Tax Organizational Chart
GILTI Global Intangible Low-Taxed Income
GRA Gain Recognition Agreement
61
