The U.S. IRS and Treasury have issued correcting amendments to the final regulations (TD 9901) providing guidance on the deduction for foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI). --- SUMMARY: This document contains corrections to Treasury Decision 9901, which was published in the Federal Register on Wednesday, July 15, 2020. The Treasury Decision provided guidance regarding the deduction for foreign derived intangible income (FDII) and global intangible low-taxed income (GILTI). DATES: These corrections are effective on September 29, 2020.