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EY Podcast: Monthly ITS Washington Dispatch (December 2023)

11 January 2024

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Information Reporting, Transfer Pricing, Treaties, Transfer Pricing, OECD, Information Reporting, Legislation & Policy, Treaties

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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:IRS interim CAMT guidance provides relief from possible double-counting of CFC earnings in AFSIIRS hasj CAMT compliance initiativeTreasury provides guidance on creditability of BEPS Pillar Two taxes, relief for pre-GloBE DCLs and extends temporary FTC reg reliefIRS Interim guidance released on treatment of basis adjustments under Section 961(c) on inbound liquidations or asset reorganizationsUS officials offer international regulatory updateUS Treasury announces entry into force of US-Chile tax treatyIRS updates list of US treatiesUS Supreme Court hears oral arguments in Moore transition tax caseFASB...