With the new CC 2018 layer based copy feature, "paste in place" does not paste anything from an action. The action will record an action step for the "paste in place" but the action step does not actually paste anything. Paste in Place does work correctly when doing in manually from the new layer copy feature. Also, paste in place works from an action if it is a selection copy, just not the new layer copy. Also, the regular paste command works in an action from the new layer copy feature (but will center based on transparency bounds).