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A review of the week's major US international tax-related news. In this edition: OECD releases Pillar One Consultation Document on digitalization of the economy – IRS Notice 2019-58 addresses final, temporary, and proposed Section 385 debt/equity regulations – IRS issues guidance on tax treatment of cryptocurrency transactions – Foreign tax credit and Section 59A BEAT regulations pending OMB OIRA review.
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A review of the week's major US international tax-related news. In this edition: OECD releases Pillar One Consultation Document on digitalization of the economy – IRS Notice 2019-58 addresses final, temporary, and proposed Section 385 debt/equity regulations – IRS issues guidance on tax treatment of cryptocurrency transactions – Foreign tax credit and Section 59A BEAT regulations pending OMB OIRA review.
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