A review of the week's major US international tax-related news. In this edition: Congress returns for lame duck session; business tax measures could be included in omnibus spending bill – IRS Corporate Alternative Minimum Tax guidance possible before year-end.

A review of the week's major US international tax-related news. In this edition: IRS pivoting to cryptocurrency, opens digital asset project office – IRS drafting questions on cryptocurrency, digital assets for corporate and partnership returns.

A review of the week's major US international tax-related news. In this edition: Republicans take House, Democrats hold Senate; lame-duck legislation remains uncertain – IRS issues highly anticipated foreign tax credit proposed regulations – IRS proposed regulations under Section 367(d) will be released early next year – IRS considering use of economic substance in transfer pricing audits, even with TP documentation.

A review of the week's major US international tax-related news. In this edition: US congressional lame duck tax legislation unclear amid midterm election uncertainty – Proposed foreign tax credit regulations coming soon, limited CAMT guidance this year – IRS releases 2022-2023 Priority Guidance Plan – Congressional ranking Republicans urge reversal of decision to terminate US-Hungary tax treaty – Biden Administration nominates new IRS Commissioner.

A review of the week's major US international tax-related news. In this edition: US Treasury warns there may be little guidance re new corporate minimum tax and stock buyback tax before effective date – No transition period or delay in implementation date for final Section 1446(f) withholding regulations – IRS expects more penalties in transfer pricing cases – House Ways and Means Committee Republicans request Treasury retain all documents, communications re OECD BEPS 2.0 Pillar One Agreement.

A review of the week's major US international tax-related news. In this edition: US Treasury working on ‘prophylactic’ measures to address new tax regimes in the context of future tax treaties – US, Croatia to sign tax treaty before year-end – Treasury official expects proposed crypto regulations release in 2022 – OECD wants broad acceptance of its Crypto Asset Reporting Framework.

A review of the week's major US international tax-related news. In this edition: IRS proposed foreign tax credit regulations ‘weeks away’ – 2006 proposed PTEP regs officially withdrawn, new regs in first half of 2023 – IRS official offers update on new corporate alternative minimum tax – IRS plans to reconsider APA revenue procedure guidance in light of recent Eaton Corporation decision.

A review of the week's major US international tax-related news. In this edition: OECD releases new global tax transparency framework for crypto-assets, amendments to Common Reporting Standard – IRS to request Sponsoring Entities cancel their FATCA agreement if they fail to meet Sponsoring Entity requirements.

A review of the week's major US international tax-related news. In this edition: OECD Inclusive Framework on BEPS releases new consultation on Pillar One Amount A, other BEPS related documents – OECD will release amendments to crypto-asset reporting framework, Common Reporting Standard on 10 October.

A review of the week's major US international tax-related news. In this edition: US Congress passes CR to fund federal government, recesses until after midterm elections – EY comments on Inflation Reduction Act’s CAMT in M&A context – FinCEN issues final beneficial ownership rule – OECD’s FTA issues bilateral APA manual.