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- Thu Feb 21, 2019 4:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Application of GILTI
- Replies: 0
- Views: 7273
Application of GILTI
In evaluating tax owing for 2018 under GILTI for a US owner of a Canadian corp: (1) Do the financial statements of the Canadian firm need to be updated to a calendar year end if the YE for the firm is October 31st? (2) Does depreciation need to be calculated under rules different from those normally...