December 11, 2023
2023-5725

EY Podcast: monthly ITS Washington Dispatch (November 2023)

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

US Congress approves new CR, complicates options for year-end tax bill
House Ways and Means Committee clears US-Taiwan tax bill
Tax Court rules non-US partnership was securities dealer engaged in US trade or business, liable for partnership WHT
US court denies DRD after applying economic substance doctrine
IRS issues proposed regs on QBUs, including simplified elections for determining Section 987 gain or loss but restrictions on loss recognition
OECD, country officials discuss BEPS 2.0 Pillars One and Two

Click here to view the segment.

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