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Global CFO Solutions Insights

The 2020 Presidential Election: Tax Proposals of Biden & Trump

Election Day is November 3rd, and there are a number of policy debates dominating this Presidential election cycle including the COVID-19 pandemic and the federal response to it, the Supreme Court and the current vacancy created by the death of Justice Ruth Bader Ginsburg, racial and ethnic equality, healthcare and the future of the Affordable Care Act (ACA), and climate change.  Tax policy issues are also on the ballot for […]

October 1, 2020

IRS Finalizes Guidance on Deduction for Foreign-Derived Intangible Income (FDII) & Global Intangible Low-Taxed Income (GILTI)

On July 9, 2020, Treasury and the IRS issued final regulations (“Final Regulations”) that provide guidance on deductions for Foreign-Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI) allowed to domestic corporations under §250 of the Internal Revenue Code (the Code).  These Final Regulations provide guidance on the computation of both deductions, substantiation and documentation requirements, and whether income is foreign-derived for the purpose of FDII.  The guidance also […]

July 31, 2020

Show Me the Money: True Partners Virtual CPE Day 2020

Occurred: Friday, August 14, 2020 (8:00am – 2:00pm Pacific | 10:00am – 4:00pm Central | 11:00am – 5:00pm Eastern) Many companies are looking for ways to increase cash and reduce costs due to the COVID-19 pandemic and its effects on the U.S. and global economies. True Partners Consulting, a trusted tax and business advisory firm, presented five virtual training sessions to help you identify ways to recover cash and eliminate internal […]

July 28, 2020