The Resource Why R&D should be allocated to subpart F and GILTI

Why R&D should be allocated to subpart F and GILTI

Label
Why R&D should be allocated to subpart F and GILTI
Title
Why R&D should be allocated to subpart F and GILTI
Creator
Subject
Language
eng
Summary
In this article, the authors critically appraise the government's proposal not to allocate research and development (R&D) deductions to subpart F inclusions and global intangible low-taxed income (GILTI) for foreign tax credit limitation purposes. They say the proposal is an unprecedented interpretation of the statute unsupported by any relevant legislative history that would radically change an R&D allocation method in place since 1977. They argue that the justifications provided in the proposed regulations' preamble do not stand up to scrutiny
Citation source
In: Tax notes international. - Falls Church. - Vol. 98 (2020), no. 12 ; p. 1393-1412
http://library.link/vocab/creatorName
  • Shay, S.E
  • Avi-Yonah, R.S
  • Driessen, P
  • Fleming, J.C. (Jr.)
  • Peroni, R.J
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • R&D
  • foreign tax credit
  • allocation of expenses
  • Subpart F income
  • GILTI
  • intellectual property
Label
Why R&D should be allocated to subpart F and GILTI
Instantiates
Publication
Label
Why R&D should be allocated to subpart F and GILTI
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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