Base Erosion and Anti-Abuse Tax (BEAT) 2020 Final Regulations
This presentation outlines the details of T.D. 9910, issued by the IRS in September 2020 to finalize the 2019 proposed BEAT regulations with certain modifications.
This OnPoint outlines the key takeaways from the 2020 final regulations, specifically:
- Time-of-transaction rules
- Joining and leaving aggregate groups rules
- Election to waive deductions
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