The U.S. IRS has announced the issuance of the final regulations and proposed regulations on the base erosion and anti-abuse tax, which are scheduled to be published in the Federal Register on 6 December 2019.
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IR-2019-194, December 2, 2019
WASHINGTON — The Internal Revenue Service issued final regulations and proposed regulations today on the base erosion and anti-abuse tax.
The Tax Cuts and Jobs Act (TCJA) made major changes to the tax law including revamping the U.S. international…