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October 15, 2021
2021-6064

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

Register for this weekly podcast on iTunes here.

Click here to view the segment.

 
 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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