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Glossary entry · code section

§250

IRC section governing the FDII / FDDEI and GILTI / NCTI deductions for US C-corporations on foreign-derived and global-tested income.

Canonical reference

See the Cornell LII §250 statutory text for the current post-OBBBA percentages (33.34% on FDDEI, 40% on NCTI) and section title. Full practitioner read in the FDII → FDDEI article.

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