Page 341 - International Taxation IRS Training Guides

Interaction
between TCJA

and
the BEPS Project

 Implementation of certain aspects
of the BEPS
reports through TCJA:

• Action 2 (Neutralizing the Effects of Hybrid Mismatch

Arrangements)  IRC 267A and 245(e)

• Action 3 (Designing Effective Controlled Foreign

Company Rules)  IRC 951A

• Action 4 (Limiting Base Erosion Involving Interest

Deductions and Other Financial Payments)  IRC

163(j)

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