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EY Podcast | Monthly ITS Washington Dispatch (July 2024)

12 August 2024

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Information Reporting, Transfer Pricing, Transfer Pricing, Information Reporting, Legislation & Policy, Global

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United States

EY’s monthly Washington Dispatch podcast summarizes recent developments in US international taxation. Highlights of this month's edition include:US Congress begins August recessUS Supreme Court overrules Chevron deference to agency regulationsUS appellate court rules NR’s gain from sale of its US partnership interest attributable to inventory is not US source incomeIRS final Section 367(b) regs address certain cross-border triangular reorgs, inbound nonrecognition transactionsIRS officials offer update on CAMT, PTEP guidanceIRS and Medtronic file Eighth Circuit appellate briefs arguing for different transfer pricing methodsIRS official says corporations failing to respond to TP compliance letters referred for possible examinationG20 Finance Ministers, Central Bank...