October 12, 2018
International accounting association ECOVIS published an article by Marcum's International Tax Group, about the new Foreign-Derived Intangible Income (FDII) Deduction, in its global newsletter.
ECOVIS Global
Excerpt:
At its core, the FDII deduction is meant to incentivise U.S. corporations and help fuel the American economy on both the production and sales sides. Companies that are already doing so will now be rewarded. Companies that are not doing so may now have a reason to start.