07 June 2022

EY Podcast: monthly ITS Washington Dispatch (May 2022)

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

US budget reconciliation remains stalled, but some behind-the-scenes talks

  • Senators introduce Support Ukraine Through Our Tax Code Act

  • More US FTC guidance coming

  • US officials offer international tax projects update

  • IRS GLAM addresses allocating/apportioning ‘deferred compensation expense’ for FDII deductions

  • Changes to QI withholding agreement rules expand QI W/H and reporting responsibilities

  • OECD officials offer BEPS 2.0 update

  • OECD issues recommendations to strengthen tax administrations’ cooperation re international rules, including BEPS 2.0

  • OECD releases public consultation on Regulated Financial Services Exclusion under Amount A for Pillar One

    Register for this monthly podcast on iTunes here.

    Document ID: 2022-5557