08 September 2023

EY Podcast: monthly ITS Washington Dispatch (August 2023)

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

US Congress to take up appropriations bills, consider US-Taiwan tax relationship

  • IRS proposes updating consolidated returns regulations, discarding unnecessary guidance

  • IRS issues proposed regs on broker reporting requirements for digital asset sales and exchanges

  • Cryptocurrency stakers must include rewards in gross income upon gaining control

  • Russia suspends US-Russia, other tax treaties

  • Progress reported on BEPS Amount A, Pillar One, further work on Pillar Two safe harbors

  • Global minimum tax filing simplification possible, OECD official says

  • UN releases final report on international tax cooperation

    Register for this monthly podcast on Apple Podcasts here.

    Document ID: 2023-5609