# Base Erosion and Anti-Abuse Tax; Correcting Amendment
> **IRS** · Correcting amendments. · Published 2020-08-14 · Effective 2020-08-14 · 85 FR 49595
## Document
- **Document number:** 2020-16383
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 85 FR 49595
- **CFR reference:** 26 CFR 1
- **Publication date:** 2020-08-14
- **Effective date:** 2020-08-14
- **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 implementing 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.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2020/08/14/2020-16383/base-erosion-and-anti-abuse-tax-correcting-amendment)
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