McDermott Will & Emery·TAX
IRS Roundup: Proposed GILTI Deduction Regs, Tax Court Warning on AI Citations
McDermott's IRS Roundup flags Treasury/IRS proposed rules allocating deductions to foreign-source § 951A income, IRS relief on AI-generated citations, and holding-period limits.
gilti-951airs-proposed-regulationstax-court-ai-citationsinternational-taxholding-period-rules
Read the original firm alert → Tuesday, October 6, 2026