Page 202 - International Taxation IRS Training Guides
P. 202

BEAT: Calculation (Cont’d)












                     If the regular tax liability is lower than the BEAT liability,
                                             must pay the regular tax plus the amount
                  the taxpayer
                                                                                                    tax
                  by which the BEAT exceed the regular




                                            base erosion payments paid or accrued in
             Effective for
                  taxable years beginning after
                                                                                Dec. 31, 2017




























                                                                                                                                     57
   197   198   199   200   201   202   203   204   205   206   207