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April 5, 2024

EY Podcast: Monthly ITS Washington Dispatch (March 2024)

EY's monthly Washington Dispatch podcast summarizes recent developments in US international taxation. Highlights of this month's edition include:

  • President Biden delivers State of the Union; releases FY2025 Budget with international tax proposals
  • Congress passes final FY2024 funding bills, tax bill in limbo
  • Treasury Secretary defends Administration's BEPS position at Senate hearing
  • House Ways & Means Subpanel holds OECD BEPS Pillar One hearing
  • IRS delays Form 1042 electronic filing requirement for US and foreign W/H agents
  • US officials offer international regulatory update
  • IRS will no longer issue single-issue PLRs, instead focus on 'transactional rulings'
  • IRS official discusses benefits of MAP mandatory arbitration
  • OECD releases update on BEPS 2.0 project
  • OECD Council approves update to Model commentary on exchange of information

The podcast is available here.

Register for this monthly podcast on Apple Podcasts here.