Overview
Amanda Varma and Lauren Azebu co-authored an article titled "Final FDII Rules Reduce Burden, Delay Applicability: Tax Insight" for Bloomberg Government. The article explores the final regulations under tax code section 250 that provide guidance on the deduction for foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI). The regulations reduce certain documentation burdens and provide greater flexibility in areas like the taxable income limitation.
