The Resource TCJA : a response to BEPS

TCJA : a response to BEPS

TCJA : a response to BEPS
TCJA : a response to BEPS
Title variation
Tax Cuts and Jobs Act : a response to BEPS
  • eng
  • eng
The Tax Cuts and Jobs Act (P.L. 115-97, 22 December 2017) (TCJA) reduces the U.S. corporate tax rate; allows a participation exemption; requires US shareholders of controlled foreign corporations (CFCs) to include in gross income global intangible low-taxed income (GILTI); and provides a minimum tax on base erosion payments (base erosion and anti-abuse tax) (BEAT). In addition, new rules on foreign-derived intangible income (FDII) encourage the development of intangibles in the US, with a reduced tax on US corporation's intangible income derived from foreign use. This article reviews these international tax provisions and compares them with the relevant Action items in the OECD BEPS project
Citation source
In: Journal of international taxation. - New York. - Vol. 29 (2018), no. 9 ; p. 40-45
Silbering-Meyer, J
Geographic coverage
North America
Language note
  • tax reform
  • TCJA
  • BEPS Project (OECD)
  • CFC
  • hybrid mismatch
  • interest deduction
  • BEAT
  • FDII

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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