10 January 2023 Washington Dispatch for December 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: - United States, Croatia sign income tax treaty
- IRS issues interim guidance on application of new corporate alternative minimum tax
- IRS releases guidance on new stock buyback excise tax
IRS issues final revised qualified intermediary agreements effective beginning in 2023 IRS releases additional guidance for brokers on transfers of interests in publicly traded partnerships IRS issues proposed rules on single-entity treatment of consolidated groups FinCEN continues to extend certain signature authority reporting (FBAR, Form 114) OECD releases public consultation document on Pillar One Amount A and Digital Services Taxes OECD releases consultation document on tax certainty for the Pillar Two GloBE rules OECD releases consultation document on Pillar Two GloBE Information Return OECD/G20 Inclusive Framework releases document on safe harbors and penalty relief under Pillar Two GloBE rules OECD releases public consultation document on Amount B of Pillar One on baseline marketing and distribution functions OECD’s 2021 MAP statistics show US continues to decrease case inventory OECD releases corporate tax statistics and the 2022 revenue statistics and consumption tax trends ___________________________ Washington Dispatch for December 2022 Document ID: 2023-5030 | 
