Global Trade Alert
Global Trade Alert

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United States of America: Provisions in the Tax Cuts and Jobs Act affecting international transactions

Description

Section 14201 of the 2017 Tax act establishes a new permanent corporate income tax deduction for a subset of overseas earnings. The deduction for "Foreign-Derived Intangible Income" (FDII) provides an...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Jan 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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