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EY Podcast: Monthly ITS Washington Dispatch (May 2024)

07 June 2024

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

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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 House Republicans prepare for TCJA ‘cliffs’White House official previews President Biden’s tax policy for second termUS House Ways and Means Chairman, Treasury Secretary spar over TCJA, BEPS 2.0US will not sign BEPS Pillar One MLC without India, China TP resolutionIRS extends transitional relief under IRC Section 871(m) for treatment of dividend equivalentsIRS to defer applicability date re: IRC Sections 59A and 6038A regs for qualified derivative paymentsNew procedures for IRC Section 355 transaction PLRs releasedCAMT regs in advanced stage -- Final crypto reporting...