A review of the week's major US international tax-related news. In this edition: Senate Finance tax reform working groups release final reports, including international tax – US, Vietnam sign first-ever tax treaty.

A review of the week's major US international tax-related news. In this edition: Congress to return from recess to tackle Highway Trust Fund; repatriation, international tax reform possible revenue sources -- Deadline for Senate Finance Committee's tax reform working groups pushed to early July -- World Customs Organization publishes Guide to Customs Valuation and Transfer Pricing – Possible 'Grexit' has FX implications.

A review of the week's major US international tax-related news. In this edition: House W&M subcommittee hearing looks to repatriation to fund Highway Trust Fund – Senate Finance Committee working group on international tax reform hands in report – Legislation introduced to close PFIC "loophole" reportedly used by US hedge fund reinsurers.

A review of the week's major US international tax-related news. In this edition: W&M Chairman says US international tax reform and making tax extenders permanent will dominate 2015 tax agenda in Congress -- IRS may require CbC reports to be filed with corporate returns in September 2017 – Public comments on proposed changes to US Model Tax Treaty due 15 September 2015.

A review of the week's major US international tax-related news. In this edition: Senate Finance international tax working group will present findings on 26 June -- House Ways and Means Committee international tax reform component will propose hybrid territorial tax system with broad innovation box – Congressional tax leaders relay concern over BEPS to Treasury – OECD releases CbC reporting implementation package – G7 Leaders reaffirm commitment to BEPS.

A review of the week's major US international tax-related news. In this edition: IRS issues final anti-corporate inversion regulations – OECD issues discussion draft on BEPS Action 8 on hard-to-value intangibles -- Seven countries join OECD agreement to exchange financial information automatically.

A review of the week's major US international tax-related news. In this edition: Senate Finance Committee tax reform working groups receive deadline extension -- DC Appeals Court rules 1% federal excise tax on reinsurance premiums inapplicable to retrocession agreements between foreign entities -- IRS reiterates US corporation in outbound F reorganization prior to effective date of Notice 2012-39 must recognize gain on IP -- OECD releases revised discussion draft on BEPS Action 6 on prevention of treaty abuse.

A review of the week's major US international tax-related news. In this edition: US Treasury releases new Model Tax Treaty provisions – US business tax reform in 2015 may be limited – OECD releases revised discussion draft on Action 7, artificial avoidance of PE status.

A review of the week's major US international tax-related news. In this edition: House Ways and Means Committee international tax reform legislative text expected this summer -- US District Court in Lehman Brothers disallows FTCs in back-to-back stock loan transaction – ABA Tax Section meeting highlights coming US international tax guidance – OECD Update: public consultation held on BEPS Action 12 on mandatory disclosure rules, OECD's Pascal Saint-Amans takes aim at multinational tech companies.

A review of the week's major US international tax-related news. In this edition: Senate passes House-Senate conference report with reconciliation instructions – IRS issues Rev. Rulings 2015-09 and 2015-10 clarifying certain cross-border internal restructurings.