28 February 2020

Washington Dispatch for February 2020

The latest edition of Ernst & Young's Washington Dispatch is attached below. Prepared by Ernst & Young's International Tax and Transaction Services group, this monthly newsletter summarizes recent developments in US international taxation. Highlights of this month's edition include:

Treasury and IRS news

  • Treasury Secretary confirms DST deal with France; all major TCJA guidance expected by October 2020
  • IRS officials elaborate on limited relief for Section 965 transition tax, BEAT PLR option

Transfer pricing news

  • Altera Corporation files petition for writ of certiorari with US Supreme Court

OECD news

  • OECD announces preliminary impact assessment and economic analysis of BEPS 2.0 project proposals
  • OECD releases consultation document on review of Country-by-Country Reporting
  • OECD releases final transfer pricing guidance on financial transactions
  • OECD issues draft rules on platform operators for sellers in sharing and gig economy
  • OECD releases eighth batch of peer review reports on BEPS Action 14

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ATTACHMENT

Washington Dispatch for February 2020

Document ID: 2020-0467