The U.S. IRS has issued Notice 2022-30 on 27 June 2022, announcing that the reporting of qualified derivative payments (QDP) under the base erosion and anti-abuse tax (BEAT) regulations will be further deferred until taxable years beginning on or after 1 January 2025. QDP reporting was previously deferred until taxable years beginning on or after 1 January 2023. --- Section 59A Qualified Derivative Payments Reporting Extension Notice 2022-30 I. PURPOSE This Notice announces that the Department of the Treasury ("Treasury Department") and the Internal Revenue Service ("IRS") intend to amend the regulations under sections 59A and 6038A to defer the...