Internal Revenue Service February 19, 2020 – Federal Register Recent Federal Regulation Documents

Base Erosion and Anti-Abuse Tax; Correcting Amendment
Document Number: 2020-02652
Type: Rule
Date: 2020-02-19
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains corrections to Treasury Decision 9885, which was published in the Federal Register on Friday, December 6, 2019. Treasury Decision 9885 implementing the base erosion and anti-abuse tax, designed to prevent the reduction of tax liability by certain large corporate taxpayers through certain payments made to foreign related parties and certain tax credits.