A #GILTI Carveout For INDIVIDUAL CFC Shareholders Of Certain Virgin Islands Corps
Introduction and purpose: The Big Beautiful Bill (โBBBโ) Contains many surprises. Yesterday, I wrote a first post about a section of the BBB that addressed the application of the GILTI rules. GILTI, Americans Abroad And SEC. 111110 Of The Big Beautiful Bill: The Good, The Bad And Theย Ugly That post was largely based on an interesting expose in the Washington Post. This called attention to theโฆ











