2. Int'l Tax Update Significant Developments in the Global Tax System - Andrew Seidler
FDII Example Summary Taxable income 1,100.0 FDII Deduction 262.5 Adjusted Taxable Income 837.5 Tax Rate 21.0% Total Tax 175.9 U.S. Corp. ETR 15.989%
UK Planning Considerations: FDII Purpose is to encourage groups to either bring IP back to the US or to leave it in the US. Beneficial tax rate (13.125%) applies to US sales to foreign customers. Does not apply to income taxed on a C Corporation in the US from disregarded subsidiaries. IP Co US Ireland Fin Co UK EU EUEU
- Page 1 and 2: Helping with tax challenges whereve
- Page 3 and 4: Overview BEPS Global Tax Reform US
- Page 5 and 6: Corporate changes Tax change Post r
- Page 7 and 8: Corporate changes Tax change Post r
- Page 9 and 10: UK Planning Considerations: NOL Lim
- Page 11 and 12: Withholding Taxes After Brexit •
- Page 13 and 14: Withholding Taxes and the Digital E
- Page 15 and 16: Common Consolidated Corporate Tax B
- Page 17 and 18: Digital Economy Interim Measure Exa
- Page 19 and 20: BEPS Measures: Anti-hybrid rules In
- Page 21 and 22: Anti-hybrid provisions
- Page 23 and 24: US Hybrid Counteraction The Act den
- Page 25 and 26: UK approach compared to US Type Mis
- Page 27 and 28: Interest Limitation
- Page 29 and 30: Interest deduction - comparison wit
- Page 31 and 32: Global Intangible Low Taxed Income
- Page 33 and 34: GILTI Example Calculation GILTI Cal
- Page 35 and 36: Foreign Derived Intangible Income F
- Page 37 and 38: FDII Example US Corp US sales $500
- Page 39: FDII Example Step 4: Determine Rati
- Page 43 and 44: BEAT - Base Erosion Anti-Abuse Tax
- Page 45 and 46: UK Planning Considerations: BEAT In
- Page 47 and 48: Brexit Monitor Visit https://www.rs
- Page 49: THANK YOU
UK Plann<strong>in</strong>g Considerations: FDII<br />
Purpose is to encourage groups to<br />
ei<strong>the</strong>r br<strong>in</strong>g IP back to <strong>the</strong> US or to<br />
leave it <strong>in</strong> <strong>the</strong> US.<br />
Beneficial tax rate (13.125%) applies<br />
to US sales to foreign customers.<br />
Does not apply to <strong>in</strong>come taxed on a C<br />
Corporation <strong>in</strong> <strong>the</strong> US from<br />
disregarded subsidiaries.<br />
IP Co<br />
US<br />
Ireland<br />
F<strong>in</strong> Co<br />
UK<br />
EU EUEU
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