IRS Proposes Additional GILTI High-Tax Relief

June 19, 2019

ACA Advisor, Peter Palsen, writes about Treasury providing relief to Americans abroad owning businesses through entities that are taxed as foreign corporations - in particular, controlled foreign corporations. These entities can be subject to complex and punishing new rules enacted in 2017 as part of the large “tax reform” law.  'This is not an easy subject, but getting it right can save a lot of tax and angst,' Peter Palsen explains in his piece, “IRS Proposes Additional GILTI High-Tax Relief.” Click here for full article.