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What Is the Purpose of the Base Erosion and Anti-Abuse

question 6

Essay

What is the purpose of the base erosion and anti-abuse tax (BEAT)minimum tax provision introduced by the Tax Cut and Jobs Act of 2017?

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Definitions:

Rate of Return

A financial ratio that calculates the percentage of profit or loss made on an investment relative to its cost.

Internal Rate

Often referring to the internal rate of return (IRR), it's the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Screening Tool

A method or instrument used to evaluate or identify certain characteristics or conditions, often used in the context of health care or recruitment.

Internal Rate

Internal Rate, often referred to as Internal Rate of Return (IRR), is the discount rate that makes the net present value (NPV) of all cash flows from a particular project zero.

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