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September 4, 2019 Washington Dispatch for August 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 — IRS issues proposed regulations addressing cloud-based and other digital transactions — IRS begins to increase enforcement efforts in cryptocurrency space — IRS will allow domestic partnerships, S corps to apply proposed GILTI regulations before 22 June 2019 Transfer Pricing news — US Court of Appeals affirms Tax Court’s decision in Amazon case — IRS withdraws “Altera Memo” Directive on cost-sharing arrangement stock- based compensation OECD Developments — OECD releases United States Stage peer review report on implementation of Action 14 minimum standard ——————————————— Washington Dispatch for August 2019 | |||
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