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February 5, 2021
2021-5141

EY Podcast: monthly ITS Washington Dispatch (January 2021)

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

  • US Treasury Secretary says no new taxes for now, commits to OECD BEPS discussions
  • New final regulations address application of Section 163(j) limitation to CFCs and partnerships, reserve on certain provisions
  • IRS allows remote signing/submission of authorization Forms 2848 and 8821
  • IRS official says guidance on worldwide interest expense allocation a top priority, proposed FTC regs in 2021
  • USTR finds DSTs adopted by six nations discriminatory; suspends DST-related punitive tariff actions on French goods
  • OECD IF political leaders promote global consensus following OECD public consultation on Pillar One/Two Blueprints
  • OECD Secretariat issues updated guidance on tax treaties re impact of COVID-19 pandemic

Register for this monthly podcast on iTunes here.

Click here to view the segment.

 
 

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