A notice from the U.S. IRS has been published in the Federal Register to announce that a public hearing will be held on the proposed regulations for the deduction for Foreign-Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI) (REG-104464-18). The regulations, first published on 6 March 2019 ({News-2019-03-06/A/5-previous coverage}) and corrected on 11 April 2019 ({News-2019-04-12/A/7-previous coverage}), provide guidance to determine the amount of the deduction f…