04 August 2023 Washington Dispatch for July 2023 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: Congressional Republicans criticize BEPS 2.0 project Senate moves on US-Taiwan tax relations Congress pivots to crypto assets, requests comments on tax uncertainties IRS waives addition to tax for a corporation’s failure to make estimated tax payments of its CAMT IRS makes permanent fast-track program to resolve certain corporate PLR requests OECD/G20 Inclusive Framework releases technical documents on BEPS Pillars One and Two OECD releases Outcome Statement on progress on Pillars One and Two of BEPS 2.0 project OECD Secretary-General Tax Report provides international tax update OECD releases 2023 report on tax transparency in Latin America ___________________________ Washington Dispatch for July 2023 Document ID: 2023-5568 |