The U.S. IRS has announced the issuance of the final regulations and proposed regulations on the base erosion and anti-abuse tax, which are scheduled to be published in the Federal Register on 6 December 2019. --- IR-2019-194, December 2, 2019 WASHINGTON — The Internal Revenue Service issued final regulations and proposed regulations today on the base erosion and anti-abuse tax. The Tax Cuts and Jobs Act (TCJA) made major changes to the tax law including revamping the U.S. international tax system. Among other changes made by the TCJA, section 59A imposes a tax equal to the base erosion minimum tax...