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08 February 2023

EY Podcast: monthly ITS Washington Dispatch (January 2023)

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

Kevin McCarthy new US House Speaker, Rep. Smith chairs Ways and Means Committee

JCT to release ‘Blue Book’ on tax legislation by end of June

IRS issues final regulations for qualified foreign pension funds

IRS releases proposed regs on domestically controlled QIE rules under Section 897, certain controlled commercial entity rules under Section 892

IRS addresses deductions involving cryptocurrency in two CCA memos

IRS to continue participation in ICAP

IRS examiners must consult IRS counsel to apply economic substance doctrine in transfer pricing audits

Click here to view the segment.

Document ID: 2023-5166

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