EY Podcast: Monthly ITS Washington Dispatch (December 2023)

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

• IRS interim CAMT guidance provides relief from possible double-counting of CFC earnings in AFSI
• IRS hasj CAMT compliance initiative
• Treasury provides guidance on creditability of BEPS Pillar Two taxes, relief for pre-GloBE DCLs and extends temporary FTC reg relief
• IRS Interim guidance released on treatment of basis adjustments under Section 961(c) on inbou…