Free Special Report: How the BEAT Interacts with Foreign Banks’ Branch Interest Deductions
The Tax Cuts and Jobs Act (TCJA) is the most significant change to the Internal Revenue Code since 1986. While the most noteworthy change for corporations is the reduction of the corporate tax rate to 21%, the TCJA also includes several changes to the international tax rules that affect most multinational enterprises. One of these provisions is the Base Erosion and Anti-Abuse Tax (BEAT). Download this special report to learn more about how foreign banks are dealing with the TCJA and BEAT.