Question: true or false: Given that GILTI can cause US corporate parents of foreign corporations to be inclined to move tangible assets overseas, FDII comes along

true or false: Given that GILTI can cause US corporate parents of foreign corporations to be inclined to move tangible assets overseas, FDII comes along and further penalizes US Companies that have a lot intangible income from exports from the US.

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False Heres a breakdown of the two tax provisions and why FDII doesnt penalize companies with intang... View full answer

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