11 May 2021 EY Podcast: monthly ITS Washington Dispatch (April 2021) EY’s monthly Washington Dispatch podcast summarizes recent developments in US international taxation. Highlights of this month's edition include: US Treasury releases President’s plan to overhaul corporate tax system US Senators release proposed International Tax Framework President Biden lays out $1.8 trillion American Families Plan proposal Senate Finance Committee chairman reintroduces clean energy legislation Treasury Secretary proffers BEPS 2.0 Pillar One proposal to Inclusive Framework IRS issues proposed regs to coordinate WHT, gain deferral for certain foreign persons and partnerships investing in Qualified Opportunity Funds IRS releases FAQs on ICAP program for US multinationals PTEP guidance not expected until early fall US, Japan reach agreement on tax treaty arbitration process OECD releases consultation document with proposed changes to Commentaries to OECD Model Tax Convention on Article 9 (Associated Enterprises) OECD publishes Arbitration Profiles for 30 countries under MLI IMF and OECD release joint report on carbon pricing UN tax committee approves new digital taxation article for UN model tax treaty UN releases new Transfer Pricing Manual Register for this monthly podcast on iTunes here. Document ID: 2021-5539 |