15 October 2021

EY Podcast: weekly US international cross-border taxation news for week ending 15 October 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:

Debate continues over size and scope of US budget reconciliation bill

  • G-20 Finance Ministers endorse BEPS 2.0 Pillar One and Pillar Two agreement

  • US officials discuss implementation of BEPS 2.0

  • US to defer by one additional year applicability date of final Section 987 FX regulations, certain related final regulations

  • Cyprus clarifies Cyprus-US CAA for exchange of CbC reports

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    Document ID: 2021-6064