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May 23, 2024

EY Podcast: Weekly US international cross-border taxation news for week ending 23 May 2024

  • US House Ways & Means Committee launches new TCJA public comment portal
  • US opposes annual billionaire global wealth tax proposal
  • IRS notice extends IRC Section 871(m) transition relief for dividend equivalent transactions
  • IRS to defer applicability date of some provisions in IRC Sections 59A and 6038A regs for qualified derivative payments
  • IRC Section 6045 final crypto reporting regulations coming in 2024
  • OECD committed to open BEPS Pillar One multilateral convention for signature in June
  • Work continuing to finalize BEPS Pillar One Amount B provisions

The podcast is available here.

Register for this weekly podcast on Apple Podcasts here.