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Chicago Tax Club Meeting – February 25, 2020

Don’t miss these sessions featuring TPC experts at the February 25th CTC Meeting: 8:45 – 10:00am: Early Morning Concurrent Sessions Topic: R&D Credit Does your organization compute the R&D Credit to report on your tax return? Have you wondered if you are following the rules correctly, maximizing your credit, and do you have all of your documentation needed to defend the credit under an audit? Do you qualify for Safe […]

February 17, 2020

The Base Erosion and Anti-Abuse Tax (BEAT) Final and Proposed Regulations Issued by Treasury and the IRS in December 2019 – Application to Partnerships

On December 2, 2019, the US Treasury and IRS released final regulations (T.D. 9885) (the Final Regulations) and new proposed regulations (REG-112607-19) (the 2019 Proposed Regulations) for the Base Erosion Anti-Abuse Tax (BEAT) under section 59A of the Internal Revenue Code.  The BEAT was enacted as part of the 2017 US tax reform legislation, referred to as the Tax Cuts and Jobs Act (TCJA) (Pub. L. No. 115-97 enacted December […]

January 29, 2020

Highlights of the Base Erosion and Anti-Abuse Tax (BEAT) Final and Proposed Regulations Issued by Treasury and the IRS in December 2019

On December 2, 2019, the US Treasury and IRS released final regulations (T.D. 9885) (the Final Regulations) and new proposed regulations (REG-112607-19) (the 2019 Proposed Regulations) for the Base Erosion Anti-Abuse Tax (BEAT) under section 59A of the Internal Revenue Code.  The BEAT was enacted as part of the 2017 US tax reform legislation, referred to as the Tax Cuts and Jobs Act (TCJA) (Pub. L. No. 115-97 enacted December […]

January 27, 2020