GILTI, Subpart F & BEAT

Form 8991 BEAT Threshold Guide for Cross-Border Corporations (2025-2026)

10 min readArticle
Filing path

Corporate return flow (Form 1120)

How a C corporation reports income and computes its tax.

  1. Determine corporate status

    Default for corporations, or via a Form 8832 election.

  2. Prepare Form 1120

    Report income, deductions, and credits for the year.

  3. Compute and pay tax

    Apply the corporate rate and any estimated-tax payments.

  4. File by the deadline

    Submit by the corporate return due date.

Key formsForm 1120Form 8832EIN

Key Takeaways

  • BEAT starts with a gross-receipts and base-erosion threshold screen.
  • The general tests involve the $500 million gross-receipts measure and a 3% base-erosion percentage.
  • Not every cross-border corporation is even in the regime.
  • The Form 8991 instructions state a 10.5% BEAT rate for tax years beginning in 2026 or later.

BEAT begins with thresholds, not with a vague fear of foreign payments

The Instructions for Form 8991 say an applicable taxpayer is generally a corporation, other than a RIC, REIT, or S corporation, whose aggregate group meets the gross-receipts test and the base-erosion test. The gross-receipts test is generally at least $500 million over the relevant three-year period, and the base-erosion test is generally 3% or higher, with a 2% threshold for certain banks and securities dealers.

The threshold screen matters more than many mid-size corporations admit

Founders and finance teams sometimes spend time debating whether ordinary related-party service fees are 'base erosion payments' before asking whether the corporation is even large enough to be in the BEAT regime. Form 8991 starts the analysis in the opposite direction. First test size and base-erosion percentage. Then move into detailed payment analysis.

The rate question changed for 2026 and later years

The 2025 Instructions for Form 8991 say the base erosion minimum tax amount uses a 10.5% rate for tax years beginning during 2026 or later, subject to a higher rate for certain banking or securities-dealer groups. That is the kind of year-specific point that should be checked against the current instructions each filing season.

Frequently Asked Questions

Does any corporation paying related foreign parties need Form 8991?

No. IRS instructions first require the taxpayer to meet the applicable gross-receipts and base-erosion thresholds.

What is the main gross-receipts threshold for BEAT?

The Form 8991 instructions generally use average annual gross receipts of at least $500 million for the relevant period.

What BEAT rate do the current instructions give for 2026 and later years?

The 2025 Instructions for Form 8991 say the rate is generally 10.5% for tax years beginning during 2026 or later.

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