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March 4, 2022
2022-5229

Washington Dispatch for February 2022

The latest edition of EY's Washington Dispatch is attached below. Prepared by Ernst & Young's International Tax and Transaction Services group, this monthly newsletter summarizes recent developments in US international taxation. Highlights of this month's edition include:

BEPS 2.0

  • G20 confirms BEPS 2.0 ambitious timeline; Republican Senators voice concerns

Treasury and IRS news

  • IRS releases FAQs on Schedules K-2 and K-3 transition relief

  • Treasury official briefs Senators on future cryptocurrency reporting regulations

OECD developments

  • OECD releases Pillar One public consultation document on draft nexus and revenue sourcing rules 

  • OECD releases Pillar One public consultation document on draft rules for tax base determinations 

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ATTACHMENT

Washington Dispatch for February 2022

 
 

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