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LB&I Concept Unit

Glossary of Terms and Acronyms ... General Overview; Concepts of Global Intangible Low-Taxed Income Under IRC 951A; IRC 951A, which contains the global intangible low -taxed income (“GILTI”) rules, was added to the Code by the Tax Cuts and Jobs Act (“TCJA”). A key feature of the TCJA was to provide corporate shareholders a 100% ...

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  Terms, Concept, Glossary, Glossary of terms

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