Page 14 - Large Business IRS Training Guides

Lesson Objectives 6

At
the end of this session, you will be able to:

a taxpayer is an “applicable
• Determine whether

taxpayer” under
section 59A

• Determine “gross receipts”

• Apply aggregation rules

• Calculate base erosion percentage

base erosion payment
• Identify

benefit
• Define base erosion tax

• Evaluate Form
8991 and relevant returns

tax amount
• Analyze base erosion minimum
reported by taxpayer

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