Guidance on the extraterritorial income exclusion
Journal
United States
International Transfer Pricing Journal 2001 (Volume 8), No. 6
The US extraterritorial income exclusion and the WTO report, in which it was found that this exclusion is an illegal export subsidy under the WTO trade rules, is dealt with. A general overview and framework regarding the ETI regime, which was created by the FSC Repeal and Extraterritorial Income Exclusion Act of 2000 on 15 November 2000, is provided.