EY Cross-Border Taxation Spotlight for Week ending 20 October 2023
A review of the week's major US international tax-related news. In this edition: US will not sign MLC on BEPS Pillar One Amount A in 2023, further negotiations required – Treasury, IRS officials offer international tax guidance update, including FTCs, CAMT – IRS to expand PLRs to majority of subchapter C transactions – US House and Senate introduce ‘U.S.-Taiwan Expedited Double Tax Relief Act’.