A review of the week's major US international tax-related news. In this edition: IRS issues Notice 2014-52 to counter corporate inversions -- Treasury considering expanding covered asset acquisition rules under Section 901(m); PFIC guidance coming -- EY Alerts / Webcasts on OECD BEPS deliverables available -- Congress adjourns for mid-term elections; lame duck session may bring tax technical corrections.

A review of the week's major US international tax-related news. In this edition: OECD releases BEPS deliverables in 7 focus areas -- Obama Administration confirms it will address inversions shortly.

A review of the week's major US international tax-related news. In this edition: Congress returns from August recess; focuses on anti-inversion options -- OECD to release first seven deliverables under BEPS Action Plan on 16 September 2014 -- IRS issued CCA 201436047; accrued but unpaid interest is an obligation under Section 956 -- IRS Notice 2014-51 announces PFIC marked to market exception

A review of the week's major US international tax-related news. In this edition: Congress returns next week from August recess -- OECD to release multiple BEPS reports and recommendations during week of 15 September.

A review of the week's major US international tax-related news. In this edition: IRS releases 2014-2015 Priority Guidance Plan -- IRS finalizes rules applying straddle rules to certain debt instruments -- IRS addresses when late-received documentation can support portfolio interest exemption.

A review of the week's major US international tax-related news. In this edition: Congress returns after Labor Day for short session -- Proposed anti-inversion legislation expected in September.

A review of the week's major US international tax-related news. In this edition: Senator Charles Schumer releases outline of his legislative proposal to address inversions by targeting earnings stripping practices -- IRS releases its first private letter ruling on Section 7874 anti-inversion rules – IRS issues Revenue Procedus pa014-47 that provides guidance for entering into a withholding foreign partnership agreement and withholding foreign trust agreement with the IRS -- EY publishes a Global Tax Alert discussing the Standard for Automatic Exchange of Information in Tax Matters paper released by the OECD on 21 July 2014.

A review of the week's major US international tax-related news. In this edition: Congressman Levin releasesdiscussion draft of legislation that would tighten the earnings stripping rules of Section 163(j) -- Obama Administration reviews possible actions that could limit companies' ability to engage in inversions – OECD releasesreport on the impact of BEPS in low income countries -- OECD seeking input on collecting and analyzing data on BEPS as part of Action 11 of BEPS Action Plan.

A review of the week's major US international tax-related news. In this edition: Congress mulls anti-inversion options -- IRS will apply forthcoming FTC regulations to certain entity classification elections following covered asset acquisitions -- OECD BEPS report on digital economy will not propose new tax regime.

A review of the week's major US international tax-related news. In this edition: Corporate inversions dominate Senate Finance Committee hearing -- IRS Notice 2014-44 announces forthcoming regulations under Section 901(m) -- IRS names acting director of transfer pricing operations -- OECD publishes Standard for Automatic Exchange of Financial Account Information in Tax Matters.