GILTI Fundamentals

Identify Strategies to Mitigate Global Intangible Low Tax Income -Recorded 11/27/18

This course demystifies the new global intangible low tax income (GILTI) regime that takes effect for many taxpayers in 2018.  We will provide an overview of the regulations and their intent, define the new terms of art in the regulations, calculate GILTI, demonstrate how the regulations affect entities and individuals differently, and what strategies are available to mitigate potential tax consequences.

Learning Objectives:

  • Identify what taxpayers are subject to GILTI taxation.
  • Compare and contrast the taxation of entities and individuals under the GILTI regime.
  • Understand the calculations of tested income.
  • Describe potential strategies to mitigate GILTI taxation.

Your registration includes 2 IRS CE as well as:

  • Downloadable course manual and implementation tools as appropriate. These materials are available for download when you log into the webinar.
  • The opportunity to listen to the optional presenter and the other members of the Compass Tax Educators instructional team during the optional question-and-answer session held during the original recording.

Prerequisite: None

Advanced Preparation: None

Program Level: Basic

IRS Program Number for Self-Study On-Demand Webinar: NMVBP-T-00113-18-S

Delivery Method: Self-study/On-demand

Field of Study: Federal Tax Law (IRS)

Credit hours: 2 IRS

All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators.  See below for more information regarding administrative policies, such as complaints or refunds, or contact Sherrill Trovato, EA, USTCP, President of Gregory & Associates, Inc., at 714.777.9359.  There are no prerequisites or advanced preparation required for this webinar.  

IRS Provider Number: NMVBP This webinar has been designed by Gregory & Associates, Inc. to meet the requirements of the IRS Return Preparer Office, including sections 10.6 and 10.9 of Department of Treasury's Circular No. 230.  This does not constitute an endorsement by the IRS RPO.

Webinar Policies, Refunds, Cancellations: 

CE credits are available on the on-demand webinars only by receiving a passing score of 70% on the quiz that is available to you after completion of the on-demand webinar.  The quiz must be completed within 3 months of the date the on-demand webinar is purchased to qualify for CE credit.  Upon completion of the quiz, send an email to with your name and PTIN if you wish to have IRS CE credit uploaded on your behalf and your PTIN doesn't appear on the certificate.

Compass Tax Educators provides high quality instruction and content.  There are no refunds for the purchase of on-demand webinars, but if you experience technical difficulties while viewing a webinar, contact us to resolve the issue.

If you have any questions regarding our refund policy, or any other administrative policy, please contact Sherrill Trovato, EA, USTCP at 714.777.9359 or Geri Bowman, CPA, EA, USTCP at 330.628.0415.

Course Content

1 Video
1 Quiz
1 Survey
2 PDFs
Mary Beth Lougen
Mary Beth Lougen

About the instructor

INSTRUCTOR MARY BETH LOUGEN, EA, USTCP is the Chief Operating Officer of Expat Tax Tools, a niche tax software company that produces applications specifically for international practitioners. Current offerings include applications that prepare Form 8621 for PFICs, a foreign capital gains calculator, and a §965 transition tax calculator. Upcoming offerings include a crypto currency tax calculator with a database that includes USD values for crypto to crypto exchanges. Lougen is also the founder and president of American Expat Tax Services, a boutique income tax preparation firm that specializes in all areas of U.S. and Canadian tax preparation and compliance. She has 35+ years of U.S. income tax experience working in both the U.S. & Canada. She is an Enrolled Agent, a United States Tax Court Practitioner, and a respected writer and teacher in the world of international taxation.

Buy a Bundle and Save!

International Tax - Series 1 includes 3 international tax courses which cover the fundamentals.  

International Tax - Series 2 includes 3 intermediate courses which cover Passive Foreign Investment Companies in depth.

International Tax - Series 3 includes 3 advanced courses covering GILTI, International Penalties and Fixing Non-Compliance.

The Full International Series is also available in a Bundle and includes 9 courses! 


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