other · IRS · Rule · Published 2020-02-28 · Effective 2020-02-28 · 85 FR 11841
Document
Document number
2020-03277
Federal Register citation
85 FR 11841
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations; correction.
Category
other
Sub-agency
IRS
Publication date
2020-02-28
Effective date
2020-02-28
Treasury docket
TD 9885
Abstract
This document contains corrections to final regulations (TD 9885) that were published in the Federal Register on Friday, December 6, 2019. The final regulations implements the base erosion and anti- abuse tax, designed to prevent the reduction of tax liability by certain large corporate taxpayers through certain payments made to foreign related parties and certain tax credits.