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04 February 2022

EY Podcast: monthly ITS Washington Dispatch (January 2022)

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

Biden Administration looks to scaled-back Build Back Better legislation

  • House Ways and Means Committee Republicans warn congressional consent needed for BEPS 2.0 Pillars

  • Final regulations released on treatment of domestic partnerships under Section 958, proposed PFIC regulations

  • IRS amends instructions for 2021 partnership Schedules K-2 and K-3, relevant to private equity, private capital funds

  • IRS announces fast-track pilot program to resolve corporate LTR requests in 12 weeks

  • US officials comment on cryptocurrency efforts

  • BEPS 2.0 model rules commentary expected to be released soon

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

  • OECD publishes 2022 Transfer Pricing Guidelines

  • OECD releases eighth batch of Stage 2 peer review reports on dispute resolution

    Register for this monthly podcast on iTunes here.

    Document ID: 2022-5144

     
     

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