12 April 2018 Washington Dispatch for March 2018 The latest edition of Ernst & Young's Washington Dispatch is attached below. Prepared by Ernst & Young's International Tax Services group, this monthly newsletter summarizes recent developments in US international taxation. Highlights of this month's edition include: — Congressional Republicans, Trump Administration look to ‘phase 2’ tax reform — US opposes taxes singling out digital economy — IRS issues guidance on Section 965 transition tax in form of FAQs
— IRS expands ‘no TIN” list in Notice 2018-20 — IRS issues annual APA report for 2017; substantial uptick in Indian APA filings — OECD releases third batch of peer review reports on Action 14
— OECD releases interim report on the tax challenges arising from digitalization
— BEPS Multilateral Convention will enter into force on 1 July 2018 for first five jurisdictions
— OECD releases more guidance on attribution of profits to a permanent establishment under BEPS Action 7 ———————————————
ATTACHMENT Washington Dispatch for March 2018 Document ID: 2018-0786 | 
