Form 8993 – Global Intangible Low-Taxed Income (GILTI)
Form 8993 is a crucial tax form used by American companies operating globally to ensure compliance with international regulations. Specifically designed for calculating and reporting tax considerations related to their overseas activities, Form 8993 addresses essential components such as Global Intangible Low-Taxed Income (GILTI) and Foreign-Derived Intangible Income (FDII). Additionally, it takes into account the…