06 March 2019

Washington Dispatch for February 2019

The latest edition of Ernst & Young's Washington Dispatch is attached below. Prepared by Ernst & Young's International Tax Services group, this monthly newsletter summarizes recent developments in US international taxation. Highlights of this month's edition include:

Treasury and IRS news

— US Treasury official comments on OECD international tax deliberations

— US supports global efforts to adopt corporate minimum tax

— US government may miss June 2019 deadline to finalize TCJA international regulations

— Final Section 965 regulations clarify filing Form 965-A or 965-B with transfer agreements

— IRS LB&I requiring transfer pricing teams to consult with APMA

OECD Developments

— OECD opened public consultation on addressing tax challenges arising from digitalization of the economy

— OECD releases fifth batch of peer review reports on BEPS Action 14

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ATTACHMENT

Washington Dispatch for February 2019

Document ID: 2019-5311