EY Cross-Border Taxation Alerts

A review of the week's major US international tax-related news. In this edition:

US midterm elections will affect year-end tax legislation options – US Treasury issues proposed rules expanding restrictions on certain US outbound investments – White House issues proclamations on trade negotiations concerning robotics, industrial machinery, and wind turbines – Trump Administration modifies tariff list for Canadian-origin goods.

A review of the week's major US international tax-related news. In this edition:

US Treasury official says reproposed CAMT regulations set for February 2027 release – US Tax Court accepts documented royalty structure for calculating CSA payments – OECD Inclusive Framework to begin "constructive dialogue" on digital economy taxation – OECD releases Pillar Two GloBE Information Return XML Schema (2.0) and user guide – OECD issues BEPS Action 13 CbC Reporting Peer Review report.

A review of the week's major US international tax-related news. In this edition:

Pending US-Croatia tax treaty transmitted to US Senate for advice and consent – OECD public consultation on revisions to transfer pricing guidelines for intra-group services set for 9 November.

A review of the week's major US international tax-related news. In this edition:

IRS clarifies safe harbor for digital-asset trusts engaged in staking – US officials provide update on coming international tax regulatory guidance – OECD official confirms Brazil and Colombia under consideration for Pillar Two SbS arrangement – USTR announces public consultation for 2027 joint review of USMCA – EY announces former US Treasury and IRS official Ken Kies to join firm.

A review of the week's major US international tax-related news. In this edition:

US Congress adjourns for November mid-term elections – Senate Finance Committee member releases comprehensive digital tax bill – OECD releases latest Model Tax Treaty.

A review of the week's major US international tax-related news. In this edition:

US Senate to recess after next week, mid-term elections will dictate lame duck priorities – IRS extends transitional relief for dividend equivalents under IRC Section 871(m) through 2028.

A review of the week's major US international tax-related news. In this edition:

US House adjourns until post-November mid-term elections – Ways and Means Committee approves digital tax bill – Senate will not address budget reconciliation option until lame-duck session – Ways and Means Committee member introduces international tax bill – OECD releases Global Minimum Tax guidance.

A review of the week's major US international tax-related news. In this edition:

US Congress returns for short session before adjourning for November mid-term elections – IRS releases proposed rules to implement OBBBA NCTI and FDDEI expense apportionment provisions – President Trump amends rules for new Canadian tariffs and import prohibitions – OECD releases global information return with side-by-side package.

A review of the week's major US international tax-related news. In this edition:

US congressional action on tax legislation uncertain – UN Intergovernmental Negotiating Committee advances negotiations on Framework Convention and early protocols.

A review of the week's major US international tax-related news. In this edition:

US House returns 31 August, Senate on 14 September; agenda uncertain – IRS releases proposed regulations on OBBBA rewrite of pro-rata share rules of US shareholder's subpart F inclusions – IRS official says GLAM does not change existing policy on transfer pricing periodic adjustments – US imposes 50% tariffs on Canadian goods after talks collapse.