07 May 2021

EY Podcast: weekly US international cross-border taxation news for week ending 7 May 2021

EY’s Spotlight podcast is a review of the week's major US international tax-related developments. Highlights of this week’s edition include:

US Congress, Biden Administration focused on infrastructure plans, proposed tax increases

  • IRS releases updated early drafts of new Schedules K-2 and K-3, for Forms 1065, 1120-S, and 8865, for 2021 tax year

  • OECD considering framework for elimination of unilateral DSTs post-BEPS 2.0 agreement

  • OECD cryptoasset project delayed to 2022

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    Document ID: 2021-5530