Source: https://legacy.pli.edu/content/The_International_Tax_Reform_Provisions_Part/_/N-1z0zn1kZb2?ID=T2334437
Timestamp: 2019-04-26 02:07:53+00:00

Document:
Recognize the key developments with respect to the transition tax imposed on deferred foreign income pursuant to Internal Revenue Code (IRC) §965.
Recall the participation exemption and the dividends received deduction (DRD) for foreign earnings from 10%-owned foreign corporations pursuant to Internal Revenue Code (IRC) §245A.
Identify the global intangible low-taxed income (GILTI) provisions of Internal Revenue Code (IRC) §951A.
The key developments regarding the transition tax imposed on deferred foreign income pursuant to Internal Revenue Code (IRC) §965.
The participation exemption and the dividends received deduction (DRD) for foreign earnings from 10%-owned foreign corporations pursuant to Internal Revenue Code (IRC) §245A.
The global intangible low-taxed income (GILTI) provisions of Internal Revenue Code (IRC) §951A.
Intended Audience: CPA’s, tax accountants, tax lawyers, shareholders, taxpayers, and others seeking the latest information on the implications of the Tax Cuts and Jobs Act (TCJA) with respect to deferred foreign income and foreign earnings.
Prerequisites: A general knowledge of the treatment of deferred foreign income and foreign earnings pursuant to the latest provisions of the Internal Revenue Code (IRC).

References: §965
 §245
 §951
 §965
 §245
 §951