{"abstract":"This document contains final regulations that provide guidance regarding the deduction for foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI). This document also contains final regulations coordinating the deduction for FDII and GILTI with other provisions in the Internal Revenue Code. These regulations generally affect domestic corporations and individuals who elect to be subject to tax at corporate rates for purposes of inclusions under subpart F and GILTI.","action":"Final regulations.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Internal Revenue Service","name":"Internal Revenue Service","id":254,"url":"https://www.federalregister.gov/agencies/internal-revenue-service","json_url":"https://www.federalregister.gov/api/v1/agencies/254","parent_id":497,"slug":"internal-revenue-service"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2020/07/15/2020-14649.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1","title":26}],"citation":"85 FR 43042","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: These regulations are effective on September 14, 2020.","disposition_notes":null,"docket_ids":["TD 9901"],"dockets":[],"document_number":"2020-14649","effective_on":"2020-09-14","end_page":43117,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2020/07/15/2020-14649.xml","html_url":"https://www.federalregister.gov/documents/2020/07/15/2020-14649/deduction-for-foreign-derived-intangible-income-and-global-intangible-low-taxed-income","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2020-14649?publication_date=2020-07-15","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2020-07-15/2020-14649/mods.xml","not_received_for_publication":null,"page_length":76,"page_views":{"count":22259,"last_updated":"2026-07-27 04:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2020-07-15/pdf/2020-14649.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2020-14649.pdf?1594307716","publication_date":"2020-07-15","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2020/07/15/2020-14649.txt","regulation_id_number_info":{"1545-BO55":{"issue":"202004","html_url":"https://www.federalregister.gov/regulations/1545-BO55/section-250-regulations","title":"Section 250 Regulations","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202004&RIN=1545-BO55&operation=OPERATION_EXPORT_XML","priority_category":"Economically Significant"}},"regulation_id_numbers":["1545-BO55"],"regulations_dot_gov_info":{"supporting_documents":[{"title":"Deduction for Foreign-Derived Intangible Income Speaker's list (REG-104464-18), please contact fdms.database@irscounsel.treas.gov if any questions","document_id":"IRS-2019-0012-0047"}],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/1545-BO55/section-250-regulations","title":"Section 250 Regulations"},"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=IRS-2019-0012","supporting_documents_count":1,"docket_id":"IRS-2019-0012","regulation_id_number":"1545-BO55","title":"Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income (REG-104464-18)","checked_regulationsdotgov_at":"2020-07-20T08:30:07Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":43042,"subtype":null,"title":"Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income","toc_doc":"Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income","toc_subject":null,"topics":["Income taxes","Reporting and recordkeeping requirements"],"type":"Rule","volume":85}