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Courses/Tax/Tax Update *

The New US Intangible Tax Rules (GILTI and FDII)

Understand the 2017 tax changes on intangibles and how they impact U.S. companies abroad.

Created byDavid Jarmusz CPA, JD, LLM
5.0
(1 reviews)
IntermediateUpdated Oct 30, 2019
The New US Intangible Tax Rules (GILTI and FDII)

What You'll Learn

check_circleUnderstand key intangible tax provisions introduced in the 2017 Tax Act.
check_circleLearn the difference between GILTI and FDII and their tax implications.
check_circleReview relevant IRS forms and reporting requirements.
check_circleApply basic planning strategies to mitigate tax impact.
check_circleIdentify when intangible tax rules may benefit or harm a business.
check_circleAnalyze real-world examples to apply concepts in practice.

About This Course

The 2017 Tax Cuts and Jobs Act introduced significant changes to how U.S. companies are taxed on intangible income earned abroad. These new rules can either benefit or burden multinational businesses, depending on how they're understood and applied. This course provides an overview of the intangible tax provisions, offering clear explanations, real-world examples, and relevant forms to help navigate this complex area.

You'll gain insights into the key components of the rules, including GILTI (Global Intangible Low-Taxed Income) and FDII (Foreign-Derived Intangible Income), and learn about basic planning tools that can help reduce tax exposure or optimize benefits. This is essential knowledge for tax professionals and advisors working with U.S. companies operating internationally.

Your Instructor

David Jarmusz CPA, JD, LLM
David Jarmusz CPA, JD, LLM

US International Tax Practitioner

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star2 reviews

I am a US Certified Public Account and Tax Attorney based in Chicago, IL. Prior to starting my own practice I was in the international tax services groups of Coopers & Lybrand LLP (London and Washington DC) and Ernst & Young LLP (Chicago). My clients are international families with closely held businesses and multinational assets. In addition to tax planning and compliance, I have taught professional education courses to accountants and attorneys for over 15 years.

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