May 01, 2019 - 7:30 AM - 9:00 AM PST


FDII and the proposed Section 250 Regulations

This event has already occurred.
J.P. Morgan Securities LLC
2029 Century Park East
Suite 3700
Los Angeles, CA 90067

Brian Kelly will present "FDII and the proposed Section 250 Regulations" for STEP LA on May 1, 2019.

The FDII deduction is generally available for tax years of domestic C corporations beginning after December 31, 2017. Thus, for calendar year domestic corporations, 2018 tax year will be the first year that the deduction is available. To help you with planning for clients and the corresponding tax reporting with respect to FDII, this panel will lead a practical discussion time permitting of:

  • Requirements of FDII transactions
  • Computation of the FDII deduction
  • Application of the taxable income limitation
  • Coordination with GILTI deduction
  • Allocation of deductions
  • Ordering rules for deductions (business interest and NOL) limited by taxable income
  • Worked examples
  • Guided tour of new Form 8993