Date: 2020-07-15
Links to Federal Register: HTML, PDF
(Proposed Regulation: REG-104464-18 HTML, PDF)
Document Number: 2020-14649, RIN: 1545-BO55
Action: Final regulations.
Abstract: This document contains final regulations that provide guidance regarding the deduction for foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI). This document also contains final regulations coordinating the deduction for FDII and GILTI with other provisions in the Internal Revenue Code. These regulations generally affect domestic corporations and individuals who elect to be subject to tax at corporate rates for purposes of inclusions under subpart F and GILTI.
Notable phrases | Frequency |
---|---|
intangible property | 241 |
method or process | 85 |
FDDEI service | 71 |
specified tangible property | 58 |
unrelated party transaction | 47 |
related party sale | 47 |
foreign related party | 43 |
foreign unrelated party | 43 |
deduction eligible income | 39 |
related party service | 36 |
manufactur(e|ing), assembly, or other processing | 36 |
gross DEI (and|or) gross FDDEI | 35 |
deemed tangible income return | 34 |
provision of a service | 29 |
end users (located) outside the United States | 28 |
sale of intangible property | 26 |
dual use ratio | 22 |
FDII deduction amount | 22 |
recipient located outside the United States | 21 |
know(s) or (have|has) reason to know | 21 |
operations outside the United States | 19 |
international transportation property | 19 |
foreign-derived deduction eligible income | 18 |
consolidated FDII deduction amount | 18 |
provided to a business | 18 |
processing outside the United States | 17 |
qualified business asset investment | 16 |
proportionate share ratio | 16 |
global intangible low-taxed income | 15 |
inventory or other property | 15 |
property located outside the United States | 11 |
customers located outside the United States | 9 |
manufacturing method or process rule | 8 |
ultimately be sold to end users | 7 |
Reg. Cites | Frequency |
---|---|
1.250(b)-6 | 28 |
1.250(a)-1 | 23 |
1.250(b)-5 | 17 |
1.1502-50 | 16 |
1.250(b)-1 | 14 |
1.250(b)-4 | 14 |
1.250(b)-3(b)(2) | 14 |
1.861-17 | 13 |
1.250(b)-1(d)(2) | 13 |
1.250(b)-4(b) | 12 |
1.1502-13 | 10 |
1.250(b)-2 | 10 |
1.250(b)-3 | 9 |
1.250-1 | 9 |
1.962-1 | 8 |
1.250(b)-5(e)(4) | 8 |
1.250(b)-1(c)(11) | 7 |
1.482-9(k) | 7 |
1.904-4(f)(2) | 7 |
1.482-9(l)(3) | 7 |
Sec. Cites | Frequency |
---|---|
250 | 149 |
962 | 41 |
250(a)(2) | 32 |
704(b) | 28 |
78 | 16 |
951A | 16 |
951(a) | 14 |
960(a) | 12 |
960(d) | 10 |
904 | 9 |
743(b) | 8 |
163(j) | 7 |
482 | 6 |
6001 | 6 |
250(b)(4)(B) | 5 |
250(b)(5)(B)(i) | 5 |
1256 | 5 |
475(e)(2)(B) | 5 |
250(a) | 5 |
Statistics
Number of pages: 76, words: 90,523, sentences: 3,050
Average words per sentence: 29