Now That You Own a Controlled Foreign Corporation (氯氟化碳), Are You GILTI?

全球无形低税收入(GILTI)概述 

在2017年减税和就业法案颁布之前(“TCJA”), the United States generally taxed US taxpayers on their worldwide income. 然而, US tax on foreign subsidiaries’ active business earnings could be deferred until such earnings were repatriated to the United States. 全球无形低税收入GILTI”)条款, TCJA添加, significantly broadened the scope of foreign earnings that are subject to current US taxation, regardless of whether such earnings are distributed to a shareholder. 实际上，GILTI制度受到了约束 我们的股东 受控制的外国公司("氯氟化碳”) to current taxation on most income earned by the 氯氟化碳 to the extent that such income is in excess of a 10% return on the 氯氟化碳’s tangible assets (“QBAI)，为某些利息开支而减少. A 我们的股东 为此目的一般是美国人认为直接, 间接, or constructively owns at least 10% of the voting power or value of a 氯氟化碳 on any day during the year, and who directly or 间接 owns any amount of 氯氟化碳 stock on the last day of the 氯氟化碳’s taxable year during which it is a 氯氟化碳.

The annual GILTI inclusion is generally computed by determining the taxable income/loss of a 氯氟化碳 as if the 氯氟化碳 were a US person. 然后减去以下内容:

• 氯氟化碳’s income that is effectively connected with a US trade or business,
• Income that is otherwise subpart F income (generally passive income, e.g. 利息、特许权使用费、租金和资本收益);
• Income that is not subpart F income because it is subject to an exception for income that is highly taxed,
• 关联方分红
• 石油和天然气开采收入.

由此产生的数额进一步减少:

• An amount calculated as 10% of tangible property used in the 氯氟化碳’s business; and
• 与有形资产有关的利息支出.

A 我们的股东 calculates a single GILTI inclusion based on all of its 氯氟化碳s. A GILTI inclusion increases 我们的股东’s basis in its 氯氟化碳 stock and results in “previously taxed earnings” (PTI) equal to the GILTI inclusion. PTI is not subject to US tax when it is distributed to a 我们的股东.

美国公司股东与个人股东

我们的股东 that are corporations are allowed to reduce their GILTI inclusion (and related gross-up for foreign taxes paid) by 50%, 受应税收入限制. 当允许全额扣除时, the domestic corporation’s effective tax rate on its GILTI inclusion is 10.5%(不考虑国外税收抵免). 扣除百分比减少到37%.2026年为5%，有效税率为13%.125%. 另外, 我们的股东 that are C corporations are allowed to claim an indirect foreign tax credit (limited to 80%) with respect to foreign taxes paid on the earnings of the 氯氟化碳.  Neither the 50% reduction of the GILTI inclusion nor an indirect foreign tax credit is available to an individual 我们的股东 under general rules applicable to individual 我们的股东.  

美国个人股东可以得到什么, 然而, 是《澳门官方老葡京》第962条选举吗. 在一般情况下, an individual that makes a section 962 election is subject to US tax on the individual’s GILTI inclusion as if the individual was a domestic corporation – i.e., making a section 962 election allows an individual 我们的股东 to claim both the 50% deduction and an indirect foreign tax credit.

GILTI高税收例外

7月20日, 2020, the Treasury and the IRS finalized regulations for the GILTI高税收例外 (the “异常”).  The 异常 allows a 我们的股东 of a 氯氟化碳 to exclude GILTI tested income from the 我们的股东’s US taxable income. It applies in instances where a 氯氟化碳 is taxed on its earnings in a foreign jurisdiction at an effective rate that is greater than 90% of the US federal income tax rate – i.e., 18.9%.

异常的应用是可选的. 利用异常, controlling 我们的股东 of the relevant 氯氟化碳 make an annual election, 对所有美国股东都有约束力, 使用异常. 这样做, they must attach a statement to their US federal income tax returns and provide notice of the election to all non-controlling shareholders of the 氯氟化碳. 当进行这样的选举时，它适用于该集团中的所有氟氯化碳. 如果选举是为了GILTI, it also applied to subpart F income (an anti-deferral provision outside the scope of this article).

GILTI规则很复杂，计算GILTI可能很繁琐.  Please contact your tax adviser at USTAXFS to discuss how these rules apply to your specific set of facts or 透过我们的 澳门官方老葡京 page

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