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01 January 2020

EY Podcast: monthly ITS Washington Dispatch (January 2020)

 EY’s monthly Washington Dispatch podcast summarizes recent developments in US international taxation. Highlights of this month's edition include:

US officials offer new insights for coming international tax guidance

  • IRS releases final regulations on US partner contributions to partnerships with related foreign partners
  • Final FATCA and chapter 3 regulations issued
  • IRS will entertain cryptocurrency PLRs
  • IRS will consider certain requests for double taxation relief due to Section 965 repatriation
  • IRS rules target’s capitalized transaction costs do not create a separate and distinct intangible asset
  • OECD announces renewed IF commitment for 2020 consensus on new international tax rules under BEPS 2.0
  • OECD releases additional guidance on CbCR, summary of related notification requirements
  • OECD releases third peer review report on Action 5 on the exchange of tax rulings

    • Register for this monthly podcast on iTunes here.

    Document ID: 2020-5336

     
     

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