The Impact of the New US Base Erosion and Anti-abuse Tax on the Global Cross-border Services Sector

    View Authors September 2018

    As the service sector of the global economy continues to grow rapidly, technological advances have enabled businesses to provide services from almost any location in the world to almost any other location in the world. In this article, Donald Moorehead and Matthew Cutts examine how the cross-border services sector must confront the new base erosion and anti-abuse tax (BEAT), adopted by the US Congress in 2017 as part of the Tax Cuts and Jobs Act (TCJA) to restructure the provisions of the US Internal Revenue Code (the Code) governing international taxation.  

    This article was first published in International Tax Review and is reproduced here with the kind permission of the magazine.