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A MIN IS TR Y OF THE Ctl15 T IAN ANO MIS510NAY A. Liana foundation ?:A 'N!t P.!’t V. Give DECEMBER 1971 FORT MYERS, FLORIDA Vol. 5, NO.4 The staff, the workers and the residents at Shell Point Village
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What is giige?
GIIGE stands for Global Intangible Low-Taxed Income.
Who is required to file giige?
US shareholders of controlled foreign corporations are required to file GIIGE.
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GIIGE is reported on Form 8992 and attached to the US shareholder's tax return.
What is the purpose of giige?
The purpose of GIIGE is to prevent US taxpayers from shifting intangible assets to low-tax jurisdictions.
What information must be reported on giige?
GIIGE requires reporting of the income earned from intangible assets held abroad.
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