Guide to Global Intangible Low-Taxed Income (Sec. 951A)
U.S. shareholders of foreign corporations have a new pass-through income category to contend with: Global Intangible Low-Taxed Income (Sec. 951A). Except for capital-intensive companies, this has the effect of making foreign operating income immediately taxable to U.S. shareholders.
What is Global Intangible Low-Taxed Income? This session explores the rules, how it affects U.S. shareholders and available countermeasures.
Presenter: Phil Hodgen
Materials: Dropbox