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04 June 2020

EY Podcast: monthly ITS Washington Dispatch (May 2020)

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

  • Congress considers further action to address coronavirus pandemic
  • IRS finalizes proposed Section 385 regulations with no substantive changes, leaves distribution rules in effect
  • Treasury and IRS announce references to NAFTA in US tax treaties should be interpreted as references to USMCA
  • IRS offers limited relief for filing Forms 8858 or 8865
  • IRS announces modifications for filing APA and MAP requests, addresses pending and executed APAs
  • New refocusing on BEPS, OECD official says
  • OECD holds public consultation on 2020 review of CbCR
  • OECD hosts webcast offering update on tax work during COVID-19 crisis; July IF meeting delayed to October 2020

Register for this monthly podcast on iTunes here.

Document ID: 2020-5824

 
 

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