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    #1

    Tax Reduction SDII

    One of my clients asked me about the "sdii" reduction of 37.5% of their corp income, thereby reducing their effective C-corp tax rate to 13.125%. I had never heard of that. Anyone know what it is?
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    #2
    I only have the initials -- no idea what they stand for

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      #3
      It is FDII.

      Understanding the FDII deduction
      https://www.journalofaccountancy.com/issues/2019/feb/foreign-derived-intangible-income-deduction.html
      Starting this year, C corporations can claim a foreign-derived intangible income deduction of 37.5%.

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        #4
        Thank you so much TaxGuyBill. I don't do much with foreign sourced income but that article was excellent! I appreciate the help -- it will keep me from sounding like a complete idiot with my client.

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