OIRA Completes Review of Final Regulations under Section 250

On June 12, the Office of Information and Regulatory Affairs (OIRA) completed its review of final regulations under section 250. Section 250 generally allows a domestic corporation a deduction for its foreign-derived intangible income (FDII) and its global intangible low-taxed income (GILTI) inclusion. The proposed regulations were published in the Federal Register on March 6, 2019.

Read More: Final GILTI and FDII Regs Clear OIRA Review

Read More: Proposed Regulations


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