11 January 2023

EY Podcast: monthly ITS Washington Dispatch (December 2022)

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

US, Croatia sign income tax treaty

  • IRS issues interim guidance on CAMT

  • IRS releases guidance on new stock buyback excise tax

  • IRS issues final revised QI agreement effective 2023

  • IRS releases more guidance for brokers on transfers of PTP interests

  • IRS issues proposed rules on single-entity treatment of consolidated groups

  • FinCEN continues to extend certain FBAR signature authority reporting, releases proposed beneficial ownership regs

  • OECD releases public consultation document on Pillar One Amount A and DSTs

  • OECD releases consultation document on tax certainty for Pillar Two GloBE rules

  • OECD releases consultation document on Pillar Two GloBE Info Return

  • BEPS 2.0 document issued 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

    Register for this monthly podcast on Apple Podcasts here.

    Document ID: 2023-5039