Treasury’s Global Tax Relief Offers Individual’s Welcome Help - McDermott Will & Emery

Treasury’s Global Tax Relief Offers Individual’s Welcome Help

Overview


Steven Hadjilogiou commented on the proposed high-tax exception that exempts income already taxed by foreign jurisdictions at 18.9% or more from the Tax Cuts and Jobs Act’s tax on global intangible low-taxed income as well as the 962 election for individuals.