According to an update from the U.S. Office of Information and Regulatory Affairs (OIRA), the review of the proposed Global Intangible Low-Taxed Income (GILTI) Regulations was concluded on 7 September 2018. The inclusion of GILTI, which is a new category of CFC income for tax years beginning after 31 December 2017, was introduced by the Tax Cuts and Jobs Act. The highly anticipated regulations…