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Business Income Tax - Virginia CPA

Thank You for Registering

Thank you for registering for Business Income Tax: The Game Has Changed, a seminar on the Qualified Business Income Deduction. Please watch your Inbox for confirmation of your registration, as well as details on the event.

If you have any questions related to the event, please contact Susan Miller, marketing manager, at (757) 873-1587, ext. 6379 orĀ email.

We look forward to seeing you on January 9, 2019. In the meantime, please visit the Tax section of the PBMares Blog for recent articles that may impact you and your business.

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The Biden Tax Plan: Changes to Global Intangible Low-Taxed Income (GILTI)

June 10, 2021|Comments Off on The Biden Tax Plan: Changes to Global Intangible Low-Taxed Income (GILTI)

The new Global Intangible Low-Taxed Income (GILTI) regime imposes U.S. tax on foreign earnings of certain foreign corporations whether or not the profits are repatriated to the U.S. owner. Minimizing GILTI is very specific to the facts and circumstances of the U.S. owners and requires a tailored plan.