07 March 2023

EY Podcast: monthly ITS Washington Dispatch (February 2023)

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

President Biden delivers State of the Union address, proposes fourfold increase in stock buyback excise tax, ‘billionaire surtax’

  • House Ways and Means Committee Chairman calls BEPS Undertaxed Profits Rule ‘fundamentally flawed’

  • Proposed PTEP regulations to be released in latter half of 2023

  • IRS addresses deductions involving cryptocurrency in two CCA memoranda

  • OECD releases additional administrative guidance on BEPS 2.0 Pillar Two

  • OECD’s Pillar Two administrative guidance raises implications for US MNEs

  • OECD FTA releases manual on MAP, APAs

    Register for this monthly podcast on Apple Podcasts here.

    Document ID: 2023-5270