12 December 2022

EY Podcast: monthly ITS Washington Dispatch (November 2022)

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

IRS proposed FTC regulations offer relief from cost recovery and source-based attribution rules, other key changes

  • IRS moving forward on cryptoasset issues

  • Section 367(d) regs coming early next year, IRS official says

  • No delay or transition period for final Section 1446(f) regs implementation date

  • Congressional Republicans urge Biden Administration to not terminate US-Hungary treaty

  • IRS will consider applying economic substance doctrine and related penalties more frequently in transfer pricing audits

  • US House Republicans seek retention of BEPS Pillar One documents and communications

  • OECD updates guidance on implementation of CbC Reporting

    Register for this monthly podcast on Apple Podcasts here.

    Document ID: 2022-6200