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The US intends to issue proposed regulations addressing the section 965 transition tax next month followed by comprehensive guidance on the GILTI, BEAT, and other international tax provisions introduced in the 2017 Tax Cuts and Jobs Act, said Lafayette (Chip) G. Harter, Deputy Assistant Secretary (International Tax Affairs) at US Treasury, during the 2018 OECD International Tax Conference, held June 4–5 in Washington.