October 23, 2020
EY Podcast: weekly US international cross-border taxation news for week ending 23 October 2020
EY’s Spotlight podcast is a review of the week's major US international tax-related developments. Highlights of this week’s edition include:
- IRS confirms some modifications to debt instruments, other contracts to reflect LIBOR end will not result in deemed taxable exchange
- IRS will consider amending existing APAs due to effects of COVID-19 pandemic
- US government announces US-Hong Kong shipping agreement will terminate effective 1 January 2021
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Click here to view the segment.