The New Year Brings Fresh Uncertainty for U.S. Business Tax Professionals
ThomsonReuters
DECEMBER 14, 2020
Business Tax Professionals. The tax rules and regulations U.S. Businesses in 2020 also navigated new regulations affecting foreign tax credits, foreign-derived intangible income (FDII), global intangible low-taxed income (GILTI), consolidated groups’ NOLs, meal and entertainment expenses, and bonus depreciation.
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