IRS practice unit: Concepts of GILTI
IRS Large Business and International (LB&I) division released a “concept unit”
Intended to describe for IRS agents leading practices about tax concepts
The IRS Large Business and International (LB&I) division publicly released a “practice unit”—part of a series of IRS examiner “job aides” and training materials intended to describe for IRS agents leading practices about tax concepts in general and specific types of transactions.
The title of the “concept unit” (as referred to by the IRS) is: Concepts of global intangible low-taxed income
Read the practice unit on the IRS practice unit webpage (posting date of June 17, 2021).
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