Global Tax Committee Content

Attached for your review is a draft submission to the European Commission that responds to a public consultation regarding an initiative to develop an EU-wide withholding tax regime.

Last fall, the EU Commission published an initiative to introduce a common EU-wide system for withholding tax on dividend and interest payments.

The agendas for the June 6-7, 2022, Virtual Tax Committee meetings are attached. You may register at https://cvent.me/XDEybG. The meetings will begin at 2:00 p.m. ET each day.

The ICI has submitted the attached comments to the OECD regarding a financial services exclusion from the proposed "Pillar One" regime for allocating profits to market jurisdictions. Our submission urges that the financial services exclusion proposed on May 6, 2022 be modified to...

Registration for the June 6-7, 2022 Virtual Tax Committee meetings is now open at https://cvent.me/XDEybG. The meetings will begin at 2:00 p.m. ET each day. Agendas for the meetings will be circulated in the coming weeks.

Notice 2022-23 invites public comment on recommendations for Treasury's 2022-2023 Priority Guidance Plan. The attached draft letter is largely based on prior recommendations except for an addition regarding the active trade or business requirement under Section 355 of the Internal...

The next monthly Tax Committee call will be held on Tuesday, May 17, 2022, at 11:00 a.m. ET. The preliminary agenda for the call is attached.

The next monthly Tax Committee call will be held on Tuesday, April 26, 2022, at 11:00 a.m. ET. The preliminary agenda for the call is attached.

Effective April 4, 2022, IRS Form 8802 applicants, who receive a request from the IRS for a signed copy of their most return tax return, will only need to submit a signed copy of the current year base income tax return (i.e., the tax return without accompanying forms, schedules, or...