The U.S. IRS and Treasury have issued correcting amendments to the final regulations (TD 9901) on the Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income. The correcting amendments were published in the Federal Register on 28 October 2020. --- SUMMARY: This document contains corrections to the Treasury Decision 9901, which was published in the Federal Register on Wednesday July 15, 2020. Treasury Decision 9901 contained final regulations that provide guidance regarding the deduction for foreign derived intangible income (FDII) and global intangible low-taxed income (GILTI) and for coordinating the deduction for FDII and GILTI with other provisions in...