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January 28, 2022
2022-5115

EY Podcast: weekly US international cross-border taxation news for week ending 28 January 2022

EY’s Spotlight podcast is a review of the week's major US international tax-related developments. Highlights of this week’s edition include:

  • Sen. Manchin confirms Build Back Better discussions back on

  • Concern over double taxation if US GILITI unamended

  • Republican tax writers warn BEPS Pillars require  congressional action

  • Treasury releases final regulations on treatment of domestic partnerships under Section 958, proposed PFIC regulations

  • OECD developing BEPS 2.0 Pillar Two corporate minimum tax implementation framework

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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