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Real Estate Insider Notebook: The Armature opens; Kittery plans site for nonprofits mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.
Fourth annual Great Bay Plein Air Festival will turn art into action seacoastonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seacoastonline.com Daily Mail and Mail on Sunday newspapers.
Portsmouth Elks awarded grant to support Families First seacoastonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seacoastonline.com Daily Mail and Mail on Sunday newspapers.
U.S. Cross-border Tax Reform and the Cautionary Tale of GILTI Daniel Bunn Key Findings The U.S. joined many other developed nations in adopting territorial provisions and anti-base erosion rules as part of the 2017 tax reform. One major piece of that reform, that is not typical in other territorial systems, is a new definition of currently taxable foreign earnings, Global Intangible Low Tax Income (GILTI), which is taxed at an effective rate of 13.125 percent, with the rate set to increase after 2025 to 16.4 percent. Recent research has shown that foreign earnings of U.S. companies remain taxed at similar rates even after the 2017 reforms, implying that while the structure of U.S. taxes on foreign earnings changed, the overall burden did not. ....