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Update - Final Regulations Published Providing Additional Guidance on U.S. Base Erosion and Anti-Abuse Tax

|Approved Changes|United States
United States

Final regulations (TD 9910) on the Base Erosion and Anti-Abuse Tax (BEAT) were published in the Federal Register on 9 October 2020. As previously reported, the regulations were issued by the U.S. IRS on 1 September 2020 and provide additional guidance on the BEAT, including detailed guidance regarding how to compute certain BEAT calculations for groups of related taxpayers. The final regulatio…

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