Form 8993, Section 250 Deduction for Foreign Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI)

Public Law 115-97 (Tax Cuts and Jobs Act of 2017) enacted section 250 for the allowance of a deduction for the eligible percentage of Foreign-Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI). Use Form 8993, Section 250 Deduction for Foreign Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI), to figure the amount of the eligible deduction for FDII and GILTI under section 250.

Instructions for Form 8993, Section 250 Deduction for Foreign-Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI)

Public Law 115-97 (Tax Cuts and Jobs Act of 2017) enacted section 250 for the allowance of a deduction for the eligible percentage of Foreign-Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI). Use Form 8993, Section 250 Deduction for Foreign Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI), to figure the amount of the eligible deduction for FDII and GILTI under section 250.

Publication 6076, Section 250 Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income

Publication 6076, Section 250 Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income, provides a sample-based collection of aggregate statistics for corporation income tax returns with a Form 8993 that were included.

Schedule I-1 (Form 5471), Information for Global Intangible Low-Taxed Income

Schedule I-1 (Form 5471), Information for Global Intangible Low-Taxed Income

Form 8992, U.S. Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI)

Public Law 115-97 (Tax Cuts and Jobs Act of 2017) enacted section 951A, which requires U.S. shareholders of CFCs to include GILTI in gross income. Form 8992, U.S. Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI), is used by U.S. shareholders to determine their GILTI inclusion.

Form 8992 (Schedule A), Schedule of Controlled Foreign Corporation (CFC) Information to Compute Global Intangible Low-Taxed Income (GILTI)

Form 8992 (Schedule A), Schedule of Controlled Foreign Corporation (CFC) Information to Compute Global Intangible Low-Taxed Income (GILTI)

Form 8992 (Schedule B), Calculation of Global Intangible Low-Taxed Income (GILTI) for Members of a U.S. Consolidated Group Who Are U.S. Shareholders of a CFC

Form 8992 (Schedule B), Calculation of Global Intangible Low-Taxed Income (GILTI) for Members of a U.S. Consolidated Group Who Are U.S. Shareholders of a CFC

Instructions for Form 8992, U.S. Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI)

Public Law 115-97 (Tax Cuts and Jobs Act of 2017) enacted section 951A, which requires U.S. shareholders of CFCs to include GILTI in gross income. Form 8992, U.S. Shareholder Calculation of Global Intangible Low-Taxed Income (GILTI), is used by U.S. shareholders to determine their GILTI inclusion.

Publication 6075, Global Intangible Low-Taxed Income

Publication 6075, Global Intangible Low-Taxed Income, provides a sampled-based collection of aggregate statistics for corporation income tax returns with a Form 8992 that were included.