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The BEAT (Base Erosion and Anti-Abuse Tax), is an alternative minimum tax on US taxpayers that make payments to foreign related parties. It works like
The BEAT (Base Erosion and Anti-Abuse Tax), is an alternative minimum tax on US taxpayers that make payments to foreign related parties. It works like this: thebaseerosion minimum tax is the excess (if any) of an amount equal to a certain percentage of the modified taxable income of the taxpayer over the taxpayer's regular tax liability.
A) True
B) False
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