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02 September 2021

EY Podcast: monthly ITS Washington Dispatch (August 2021)

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

US infrastructure legislation, FY 2022 budget resolution move forward

  • Senate Finance Committee Chairman, members release international tax discussion draft

  • Finance Committee Chairman introduces bill to amend tax treatment of financial derivative transactions

  • Senate-passed infrastructure bill would impose information-reporting requirements on sales of cryptocurrency, other digital assets

  • IRS extends to 1 January 2023 date for W/H on certain transfers, distributions related to PTP interests

  • US, Germany agree on exchange of CbC reports

  • IRS financial services campaign will not target specific transactions

  • OECD releases 2021 peer review update of preferential tax regimes

  • OECD releases corporate tax statistics publication, including anonymized/aggregated CbC report stats 

    Register for this monthly podcast on iTunes here.

    Document ID: 2021-5917

     
     

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