Andrew Mitchel LLC

International Tax Blog - New and Interesting International Tax Issues


3 New IRS Practice Units

2021-07-09

Yesterday the IRS published a new practice unit titled “IRC Section 250 Deduction: Foreign-Derived Intangible Income (FDII)”. 

In addition, Wednesday they published the practice unit “Revised ASC 730 Directive - Computing Qualified Research Expense”, and last week they published the practice unit "Foreign Tax Redeterminations".

These 3 practice units have been added to our Practice Units By Topic page.

Tags: 250 GILTI & FDII Deductions, 861 Source of Income, 901 Foreign Tax Credits, Other - IRS Practice Units