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Section 250 Deduction for Foreign-Derived Intangible Income (FDII) OMB No. 1545-0123
Form 8993
(Rev. December 2021) and Global Intangible Low-Taxed Income (GILTI)
Department of the Treasury Attachment
Internal Revenue Service ▶ Go to www.irs.gov/Form8993 for instructions and the latest information. Sequence No. 993
Name of person filing this return Identifying number
Part I Determining Deduction Eligible Income (DEI) and Deemed Intangible Income (DII) (see instructions)
1 Gross income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Exclusions
a Income included under section 951(a)(1) (see instructions) . . . . . . . 2a
b Income included under section 951A (see instructions) . . . . . . . . 2b
c Financial services income . . . . . . . . . . . . . . . . . 2c
d CFC dividends (see instructions) . . . . . . . . . . . . . . . 2d
e Domestic oil and gas extraction income . . . . . . . . . . . . . 2e
f Foreign branch income . . . . . . . . . . . . . . . . . . 2f
3 Total exclusions (add lines 2a through 2f) . . . . . . . . . . . . . . . . . . . . 3
4 Gross DEI (subtract line 3 from line 1) . . . . . . . . . . . . . . . . . . . . . 4
5 Deductions properly allocable to the amount on line 4 . . . . . . . . . . . . . . . . 5
6 DEI (subtract line 5 from line 4) . . . . . . . . . . . . . . . . . . . . . . . . 6
7a Deemed tangible income return (DTIR) (10% of QBAI) . . . . . . . . 7a
b DTIR (10% of QBAI) from partnerships . . . . . . . . . . . . . 7b
c Total DTIR (add lines 7a and 7b) . . . . . . . . . . . . . . . . . . . . . . . 7c
8 DII (subtract line 7c from line 6) . . . . . . . . . . . . . . . . . . . . . . . 8
Part II Determining Foreign-Derived Deduction Eligible Income (FDDEI) (see instructions)
(A) Foreign-derived (B) Foreign-derived (C) Foreign-derived (D) Total (add columns
income from all sales income from all sales income from all (A) through (C))
of general property of intangible property services
9a Gross receipts . . . . . . . . . . . 9a
b Gross receipts from partnerships . . . . . 9b
c Total gross receipts (add lines 9a and 9b) . . 9c
10a Cost of goods sold (COGS) (see instructions) . 10a
b COGS from partnerships (see instructions) . . 10b
c Total COGS (add lines 10a and 10b) . . . . 10c
11 Gross FDDEI (subtract line 10c from line 9c) . 11
12 Allocable deductions . . . . . . . . . 12
13 Allocable deductions from partnerships . . . 13
14 Interest deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15 Research and experimental deductions . . . . . . . . . . . . . . . . . . . . . 15
16 Other apportioned deductions . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Other apportioned deductions from partnerships . . . . . . . . . . . . . . . . . . 17
18 Total deductions (add lines 12 through 17) . . . . . . . . . . . . . . . . . . . . 18
19 FDDEI (subtract line 18 from line 11) . . . . . . . . . . . . . . . . . . . . . . 19
Part III Determining FDII and/or GILTI Deduction (see instructions)
20 Foreign-derived ratio (FDDEI/DEI) (divide line 19 by line 6) . . . . . . . . . . . . . . . 20
21 FDII (multiply line 8 by line 20) . . . . . . . . . . . . . . . . . . . . . . . . 21
22 GILTI inclusion (see instructions) . . . . . . . . . . . . . . . . . . . . . . . 22
23 Total FDII and GILTI (add lines 21 and 22) . . . . . . . . . . . . . . . . . . . . 23
24 Taxable income (see instructions) (If zero or less, skip lines 25 through 27 and enter -0- on lines 28
and 29.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
25 Excess FDII and GILTI over taxable income (subtract line 24 from line 23). If zero or less, enter -0-
here and on lines 26 and 27 . . . . . . . . . . . . . . . . . . . . . . . . . 25
26 FDII reduction (divide line 21 by line 23; multiply by line 25) . . . . . . . . . . . . . . 26
27 GILTI reduction (subtract line 26 from line 25) . . . . . . . . . . . . . . . . . . . 27
28 FDII deduction (see instructions). Enter here and on Form 1120, Schedule C . . . . . . . . . 28
29 GILTI deduction (see instructions). Enter here and on Form 1120, Schedule C . . . . . . . . 29
For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 37817J Form 8993 (Rev. 12-2021)