[Video] CalCPA Tax Bill Series: New International Taxes with Krystle Owynn, CPA

Content courtesy of CalCPA

In this episode of CalCPA’s Tax Bill Series, Krystle Owynn, CPA and International Tax Partner at Spott, Lucey & Wall, breaks down what the new tax act means for global businesses and investors. She covers why the proposed “retaliation tax” was dropped, updates to GILTI calculations, changes to Section 250 deductions and foreign tax credits, and tweaks to CFC rules. Krystle also touches on BEAT, remittance transfer taxes, and pro-rata rules—explaining how these shifts simplify some calculations, change deduction rates, and affect U.S. multinationals and foreign investors.