A review of the week's major US international tax-related news. In this edition: European Commission finds Ireland granted illegal State aid and orders recovery – US, Canada informally discussing joint audits – Congress returns to session after Labor Day.

A review of the week's major US international tax-related news. In this edition: Congressional Republican tax writers reiterate concerns over proposed Section 385 debt/equity regulations – US Treasury releases White Paper on European Commission's State aid investigations -- Ireland announces tax treaty talks with United States -- OECD releases discussion draft on branch mismatch structures under BEPS Action 2.

A review of the week's major US international tax-related news. In this edition: US Treasury and IRS issued 2016-2017 Priority Guidance plan – IRC Section 5000(c) final regulations released on 2-percent excise tax on US government payments to foreign persons -- Treasury official confirms Administration can address unintended consequences in Proposed Section 385 debt/equity regulations.

A review of the week's major US international tax-related news. In this edition: House Ways and Means Chairman comments on lawsuit against anti-corporate inversion regulations – US presidential candidates talk tax plans – ABA Section of Taxation submits comments on cloud computing.

A review of the week's major US international tax-related news. In this edition: US Treasury official says no set deadline for finalization of Section 385 debt/equity regulations – US, Singapore announce plans for reciprocal FATCA IGA with automatic info exchange, TIEA -- IRS announces IGAs not in force on 1 January 2017 will not be treated as in effect – US Chamber of Commerce files lawsuit challenging validity of anti-corporate inversion regulations.

A review of the week's major US international tax-related news. In this edition: Democrats hold National Convention in Philadelphia – IRS posts revised version chief counsel notice CC-2016-009 – Treasury and IRS officials discuss final CbC reporting regulations at July luncheon in Washington – Top officials at OECD tax policy symposium note that consistent implementation of the OECD's recommendations is key to reducing tax uncertainty – European Commission would like to see tougher standards for determining which territories should be on the tax haven blacklist.

A review of the week's major US international tax-related news. In this edition: Congress to reconvene after Labor Day – Treasury and IRS hope to finish guidance projects before Obama administration ends – Treasury Deputy Assistant Secretary (International Tax Affairs) Robert Stack notes there are four main areas where Section 385 regulations could have unintended results-- Andrew Hickman former head of the OECD's transfer pricing group, speaks at National Association for Business Economics Transfer Pricing Symposium in Washington.

A review of the week's major US international tax-related news. In this edition: IRS holds hearing on Proposed Section 385 debt/equity regulations -- OECD to present criteria to identify uncooperative jurisdictions for tax transparency purposes – Multilateral instrument to be opened for signature by end of 2016 -- Additional OECD BEPS discussion drafts coming.

A review of the EPS 's major US international tax-related news. In this edition: Treasury officials brief members of Congress on Proposed Section 385 debt/equity regulations – IRS issues proposed Qualified Intermediary Agreement – OECD releases BEPS documents for public comment.

A review of the week's major US international tax-related news. In this edition: US releases final country-by-country (CbC) reporting regulations – House W&M Republicans request comment period extension for Proposed Section 385 debt/equity regulations; Treasury remains firm – House tax reform blueprint details to be filled in; House Democrats take aim – OECD releases more guidance on CbC reporting.