March 8, 2024 2024-0561 EY Podcast | Monthly ITS Washington Dispatch (February 2024) EY's monthly Washington Dispatch podcast summarizes recent developments in US international taxation. Highlights of this month's edition include: - OECD releases final guidance on BEPS Pillar One Amount B on baseline distribution
- Finalization of proposed FX regulations expected by year end, two sets of proposed IRC Section 367 regs in first half of 2024
- Senate approves IRS Chief Counsel nomination
- IRS sending more letters regarding transfer pricing compliance
- OECD releases 2024 update on peer reviews under BEPS Action 5 on harmful tax practices
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