Page 68 - Large Business IRS Training Guides

Lesson Summary
6

You should now
be able to:

• Determine whether
a taxpayer is an “applicable

section 59A
taxpayer” under

• 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 reported
• Analyze base erosion minimum
by taxpayer

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