Ernst & Young Its Washington Dispatch

Deficit, debt and federal debt limit take center stage in Washington -- Treaty hearings move new Hungarian treaty, Swiss and Luxembourg tax protocols -- Final regulations issued on certain triangular reorgs involving foreign corporations -- IRS rules subpart F income qualifies under 95% REIT income test -- Section 6038D and Section 1298(f) info reporting requirements temporarily suspended -- FINCEN notice grants limited one-year extension to deadline for filing FBAR Form