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July 27, 2020
2020-1908

Monday, August 3 | Final and proposed Treasury regulations on the GILTI high-tax exclusion and subpart F income high-tax exception (12 pm ET)

On 23 July 2020, final and proposed Treasury regulations were released under Sections 951A and 954 providing a final global intangible low-taxed income (GILTI) high-tax exclusion and proposing changes to the existing subpart F income high-tax exception, respectively. Please join a panel of Ernst & Young LLP thought leaders to discuss relevant aspects of the regulations, including:

  • Scope and application of the GILTI high-tax exclusion
  • Determination of the effective foreign tax rate on an item of income
  • Provisions for applying the final and proposed rules to prior tax years

Date: Monday, 3 August 2020

Time: 12:00-1:30 p.m. EDT New York; 9:00-10:30 a.m. PDT Los Angeles

Registration: View archive here.

Panelists

Colleen O'Neill, Partner, International Tax and Transaction Services (ITTS), Ernst & Young LLP

Raymond Stahl, Principal, ITTS, Ernst & Young LLP

Allen Stenger, Principal, ITTS, Ernst & Young LLP

Anna Voortman, Partner, ITTS, Ernst & Young LLP

Moderator

Jose E. Murillo, Partner, Director of NTD ITTS, Ernst & Young LLP

CPE credit offered: 1.5. Recommended field of study: Taxes. Learning objective: Understand the final and proposed Treasury regulations under Sections 951A and 954 and how they may affect your business. This intermediate level, group internet-based course has no prerequisites or advanced preparation. Final CPE award to be based on content, polling and length of participation. See CPE FAQ for more information.

Learn about and register for Thought Center webcasts

You can learn about and register for any Thought Center webcast here.

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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