DomCo operates abroad through a wholly owned foreign subsidiary, ForCo. ForCo's net tested income is $100,000,000, its average adjusted basis in tangible assets is $30,000,000 and its average adjusted basis in intangible assets is $80,000,000. The foreign tax rate is 0%. 

How much is DomCo's GILTI inclusion in the current year?

Answer rating: 100% (QA)

To calculate DomCos Global Intangible LowTaxed Income GILTI inclusion we ne... View the full answer