On March 4, 2019, the IRS released highly anticipated proposed regulations regarding foreign-derived intangible income (FDII) deduction. The new rules are intended to incentivize U.S. businesses to operate domestically by allowing for a reduced effective tax rate on certain foreign-derived income. What does this mean for cross border business between Germany and the United States, and what strategies should your company consider in order to adapt to the new rules?
Our presenters will provide an informed view on the new tax law and the impact it will have on your business.
Contact Walter Jaremczuk for more information