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KPMG report: Analysis and observations about “BEAT” proposed regulations

Analysis and observations about “BEAT”

The U.S. Treasury Department and IRS today released for publication in the Federal Register proposed regulations (REG 104259-18) under section 59A—the “base erosion and anti-abuse tax” (BEAT)—as enacted as part of the new tax law (Pub. L. No. 115-97) (also referred to as the “Tax Cuts and Jobs Act”).


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The proposed regulations were released by the IRS on December 13, 2018, in advance of publication in the Federal Register.  


KPMG LLP has prepared a 26-page report providing analysis and observations about these proposed regulations. Read KPMG report: Analysis and observations about “BEAT” proposed regulations [PDF 325 KB]

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