05 November 2021

EY Podcast: weekly US international cross-border taxation news for week ending 5 November 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:

US House poised to pass Build Back Better Act budget reconciliation bill, infrastructure legislation

  • IRS ILM concludes extended six-year assessment period under Section 6501(e)(1)(c) applies to entire tax liability, not just omitted subpart F and/or GILTI items

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    Document ID: 2021-6148