Proposed GILTI Regulations to Be Published in Federal Register
The proposed regulations for the global intangible low-taxed income (“GILTI”) under section 951A (REG-104390-18) are set to be published in the Federal Register on October 10. Released on September 13, the regulations set forth new reporting requirements and rules for calculating GILTI inclusions. Public comments on the proposed GILTI regulations must be received by December 9. 2018, 60 days after their publication in the Federal Register.
Read the Proposed Regulations: REG-104390-18
Read More: Proposed regulations under GILTI provisions released in Federal Register