Tax Topics: NO MORE GILTI (WELL, SORT OF) – Wolters Kluwer
Levy Salis LLP is pleased to share this edition of Tax Topics, featuring a Wolters Kluwer article by Kevyn Nightingale, LLM, CPA, TEP. The One Big Beautiful Bill Act (OBBBA) replaces GILTI with Net CFC Tested Income (NCTI) — but the tax burden on U.S. citizens in Canada remains largely intact, and in some cases, even more complex.
