01 June 2018

Washington Dispatch for May 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:

IRS news

— US Government officials offer insights, timelines on upcoming TCJA guidance
— IRS announces forthcoming regulations expanding exception to definition of US property under Section 956
— US Government releases offer timing for Treasury regulations on several TCJA international provisions
— IRS announces new template for APA agreements

Multilateral organizations

— OECD releases first annual peer review report (Phase 1) on Action 13
— UN releases updated Model Tax Treaty

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ATTACHMENT

Washington Dispatch for May 2018

Document ID: 2018-1140