08 December 2020

EY Podcast: monthly ITS Washington Dispatch (November 2020)

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

Major policy changes expected following US November election

  • Treasury and IRS finalize regulations to reduce double taxation caused by anti-abuse rules on GILTI gap period
  • IRS officials provide international regulatory update
  • US, Mexico renew competent authority agreement on unilateral APAs for maquiladoras
  • IRS updates list of jurisdictions for automatic exchange of CbC reports
  • IRS reviewing stock-based compensation in cost-sharing context
  • OECD to hold virtual public consultation on BEPS 2.0 Pillar 1 and Pillar 2 in mid-January 2021
  • OECD releases Consultation Document on 2020 review of BEPS Action 14
  • OECD releases 2019 mutual agreement procedure statistics, 2019 mutual agreement procedure awards
  • OECD releases report on taxing virtual currencies
  • Register for this monthly podcast on iTunes here.

    Document ID: 2020-6547