Page 24 - Large Business IRS Training Guides

Base Erosion Payment
(BEP) /

Base
Erosion Tax Benefit (BETB)

BEP BETB

amount paid or accrued
allowed
Any The deduction that i s
the taxpayer to a FRP with
by in the taxable year
for the BEP
to which a deduction is
respect
Chapter 1
allowable under

Any The deduction allowed in the
amount paid or accrued
the taxpayer to a FRP in
for depreciation
by taxable year
amortization with respect to
connection with the acquisition or
depreciable or amortizable
of the acquired property
property

• See discussions
below for additional rules, including exceptions

22