Ernst & Young Its Washington Dispatch

Congressional Republicans, Trump Administration look to ‘phase 2’ tax reform -- US opposes taxes singling out digital economy -- IRS issues FAQ guidance on Section 965 transition tax -- IRS expands ‘no TIN” list in Notice 2018-20 -- FATCA-related publications released -- IRS issues annual APA report for 2017; substantial uptick in Indian APA filings -- OECD releases third batch of peer review reports on Action 14 -- OECD releases interim report on tax challenges from digitalization -- BEPS Multilateral Convention to enter into force on 1 July 2018 -- OECD releases more guidance on attribution of profits to PEs.