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July 8, 2020
2020-1734

Washington Dispatch for June 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:

Legislation

  • US Supreme Court declines to hear Altera case

Digital taxation

  • US Treasury Secretary calls for ‘pause’ in BEPS 2.0 Pillar 1 discussions
  • USTR initiates investigations into digital services taxes either adopted, or under consideration, by 10 jurisdictions

IRS news

  • IRS LB&I official offers insights to TCJA compliance campaign
  • IRS seeks 2020--2021 Priority Guidance Plan recommendations

OECD news

  • OECD releases Platform for Collaboration on Tax toolkit on taxation of offshore indirect transfers of assets

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Washington Dispatch for June 2020