Michael Desmond will speak at the USA Branch of the International Fiscal Association (IFA USA) DC Region webinar "A Review of the Priority Guidance Plan, Including the Department of Treasury's Efforts to Lessen the Regulatory Burden" on November 18, 2025. Webinar topics include:

• Treasury's regulatory philosophy
  • Scope of authority provided in Section 7805(a) and interaction with other provisions (e.g., CTB Regulations)
  • Broad grants of regulatory authority (to carry out the purposes of certain code sections)
  • Revisiting existing regulations and other guidance (Executive Order 14219 and Executive Order 14192)
• What does it mean to pull a regulation?
  • Office of Information and Regulatory Affairs (OIRA) Review Process
  • Recent Examples:
    • Removal of "obsolete" guidance (Notice 2025-22 and Notice 2025-36)
    • DPL regulations (Notice 2025-44)
    • Partnership basis guidance (Notice 2025-23)
    • CAMT guidance (Notice 2025-46)
    • Spinoff Section 355 guidance (withdrawal of proposed regulations)
• Treasury's efforts to balance the need for OBBBA guidance and OECD discussions