ITS Washington Dispatch, May 2014 - a podcast by Ernst & Young

IRS announces 2014 and 2015 as FATCA transition years -- IRS proposed regs redefine ‘acquiring corporation’ for purposes of attributes in corporate asset reorganizations -- IRS issues competent authority stats for 2013 -- Sen. Levin introduces anti-corporate inversion legislation -- US tax treaties, protocols stall in Senate -- OECD declaration on automatic exchange of information adopted at Ministerial level -- OECD holds public discussions on hybrid mismatch arrangements, TP documentation and CbC reporting.

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