Treasury and the IRS plan to issue four pieces of guidance before the end of the year on the most pressing international tax issues that have cropped up since the passage of the sweeping GOP tax-and-spending law.
The government is prioritizing guidance for measures in the law that go into effect this year, said Huzefa Mun, attorney-adviser at Treasury Department. He was speaking at a Thursday event hosted by the DC Bar Association.
“The current focus is on what is effective in 2025,” he said. “And the intent is to issue notices for those issues by the end of this ...