EY Cross-Border Taxation Spotlight for Week ending 26 September 2025
A review of the week's major US international tax-related news. In this edition: US Congress faces FY funding deadline – IRS to issue notices on international OBBBA provisions effective in 2025 by year-end – IRS GLAM: BPT relief available under US treaty for business profits earned by reverse foreign hybrid – OECD releases review on BEPS Action 13 on CbCR.
EY Cross-Border Taxation Spotlight for Week ending 19 September 2025
A review of the week's major US international tax-related news. In this edition: US Congress fails to pass CR to fund federal government – Trump Administration to release first IRS Priority Guidance Plan soon – Eighth Circuit vacates Tax Court TP decision in Medtronics – USTR initiates public review of USMCA – US Customs and Border Protection releases updated guidance on US-Japan trade agreement – President Trump signs EO on trade and security agreements – OECD releases report on revised BEPS Action 5 transparency framework.
EY Cross-Border Taxation Spotlight for Week ending 12 September 2025
A review of the week's major US international tax-related news. In this edition: US Congress moving toward a temporary CR to fund the government, followed by year-end spending bill – Treasury open to revisiting Section 899 retaliatory tax if countries fail to amend BEPS global minimum tax framework – Treasury Secretary warned by some in Congress not to dilute CAMT – US Supreme Court accepts President Trump’s tariff policy case, oral arguments week of 3 November.
EY Cross-Border Taxation Spotlight for Week ending 5 September 2025
A review of the week's major US international tax-related news. In this edition: US Congress returns to FY 26 funding deadline, possible tax legislation – Federal Circuit rules against Trump Administration’s tariff policy – President Trump issues Executive Order on US-Japan trade agreement.
EY Cross-Border Taxation Spotlight for Week ending 28 August 2025
A review of the week's major US international tax-related news. In this edition: US Congress returns following August recess to address FY 26 budget deadline, possible second reconciliation bill – Canada reduces retaliatory tariffs on US goods – US ups tariff rate on India to 50%.