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.
Doing business overseas? Learn about the top five signs your company may need the assistance of an international tax accountant. Understanding international tax issues will position your company for future success in global business endeavors.