14 May 2021

EY Podcast: weekly US international cross-border taxation news for week ending 14 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:

Biden Administration, Congressional Republicans show some willingness to compromise on infrastructure package

  • Treasury Green Book detailing President Biden’s tax proposals to be released end of May

  • House Financial Services Committee reports out CbC financial reporting bill, including taxes

  • IRS modifies accounting method change guidance related to certain foreign corporations

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    Document ID: 2021-5562