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

US House leadership offers budget reconciliation timeline – Recent Trump Executive Order on OECD global tax deal may not necessarily affect IRS guidance on BEPS Pillar One Amount B – Hungary’s PM authorizes US tax treaty negotiation.

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

President Trump signs Executive Orders on BEPS project and trade policy – US House Ways & Means Committee Chairman introduces bill to punish countries imposing discriminatory taxes against US companies – President Trump addresses Davos Economic Forum on US taxation – IRS Commissioner resigns effective 20 January.

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

President-elect Trump to usher in new administration on 20 January – US House passes Taiwan tax bill – US officials address CAMT guidance – US, France issue statement on exchange of CbC reports for 2024 and 2025 – US officials comment on BEPS 2.0 project – OECD IF co-chairs provide status report on Pillar One Amount A and B – OECD compiling list of related-party transactions used to thwart Pillar Two global minimum tax – OECD releases three packages of BEPS Pillar Two 2.0 global minimum tax guidance.

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

President-elect Trump open to two budget reconciliation bills, prefers one – House W&M Committee leaders introduce Taiwan tax bill – IRS issues comprehensive package on classification, sourcing of digital content and cloud transactions – IRS releases final regulations on DPLs, extending BEPS Pillar 2 transition relief for DCLs – Final rules released on certain partnership related-party basis shifting transactions – IRS CCA addresses transaction reducing future GILTI inclusion.

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

US House and Senate return to Washington, House retains Johnson as Speaker – Congressional Republicans lack unanimity on path forward for budget reconciliation – IRS releases technical corrections to CAMT regulations – IRS issues final consolidated return regulations – Cryptocurrency guidance released – IRS will apply economic substance doctrine to transfer pricing cases – UN General Assembly approves resolution on terms for UN Framework Convention on International Tax Cooperation.

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

US Congressional Republicans continue to hold differing views on 2025 budget reconciliation – US to adopt OECD's Amount B simplified and streamlined approach to intercompany transactions beginning 2025 – US announces partial suspension of 1973 US-USSR tax treaty application to Belarus – US international tax officials leaving government – OECD BEPS project update – OECD releases pricing automation tool and fact sheets to implement BEPS Pillar One Amount B – OECD releases peer review report on Action 5 exchange of tax rulings.

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

US Congressional Republicans consider plans for budget reconciliation bills in 2025 – Congress must pass government funding by 20 December, US-Taiwan tax bill still possible – IRS issues final and proposed FX regulations – US-Norway CAA released – IRS requests comments on APA and mutual agreement procedures.

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

Congressional Republicans consider budget reconciliation options to enact legislative agenda – Congress to address government funding that expires on 20 December 2024 – President-elect Trump nominates new IRS Commissioner – IRS releases long-awaited PTEP proposed regulations – Cyprus clarifies exchange of CbC reports with US.

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

• President-elect Trump nominates Treasury Secretary, fills out economic team
• G20 Leaders’ Declaration addresses international tax and BEPS 2.0 project
• OECD Global Forum on Transparency / Information Exchange announces 61 jurisdictions joining CARF

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

Congressional Republicans eye two budget reconciliation bills in 2025 to enact tax legislation – OECD holds Tax Certainty Day, releases 2023 MAP and APA statistics.