March 7, 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
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