Ernst & Young Its Washington Dispatch

ITS Washington Dispatch, January 2012

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President Obama provides more details on "insourcing" proposals -- House-Senate conference committee seeks payroll tax cut, unemployment extension compromise -- US Third Circuit rules UK "windfall profits tax" not creditable -- IRS issues temporary interest allocation regulations -- New regulations issued on dividend equivalent payments under Section 871(m) -- IRS to withdraw 2007 coordinated issue paper on buy-in payments for intangible property available to CSAs -- US Customs and Border Protection moves closer to accepting transfer pricing adjustments -- IRS issues competent authority stats report for 2011