The Italian Revenue Agency issued its annual guidelines for Revenue auditors on goals to achieve and tax strategies to pursue in the carrying out of FY 2013 audit activities.

A review of the week's major US international tax-related news. In this edition: President Obama offers business tax reform proposal -- Congress begins August recess; tax reform markups for fall -- OECD issues TP discussion draft on intangibles, White Paper on documentation.

A review of the week's major US international tax-related news. In this edition: More on US tax reform and the recently released OECD base erosion and profit shifting (BEPS) action plan.

A review of the week's major US international tax-related news. In this edition: OECD released BEPS action plan on 19 July -- Treasury updated FATCA Model 1 and 2 IGAs -- IRS issues both FAA on CFC income from software leases determined to be foreign personal holding company income and GLAM on ADR Payments.

A review of the week's major US international tax-related news. In this edition: OECD to release BEPS action plan on 19 July -- Key FATCA timelines delayed -- Senate leaders say tax reform a long way off.

A review of the week's major US international tax-related news. In this edition: Congressional tax leaders kick-off of nation-wide tax reform tour -- OECD BEPS report due out next week -- IRS PLR addresses subpart F manufacturing exception -- IRS adds Croatian entity to per se list of corporations

A review of the week's major US international tax-related news. In this edition: Senate tax leaders favor "clean slate" approach to tax reform, FATCA developments, US Tax Court has jurisdiction to review APA cancellation, and US government opposes public disclosure of country-by-country tax reporting.

A review of the week's major US international tax-related news. In this edition: an update on the recent G8 meeting in Northern Ireland at which the G8 expressed support for greater transparency with tax authorities and endorsed the OECD's ongoing work on base erosion and profit shifting (BEPS).

The European Commission on 12 June 2013 proposed extending automatic exchange of information to cover dividends, capital gains, and other financial income and account balances.

A review of the week's major US international tax-related news. In this edition: House Ways and Means Committee on 13 June held a hearing on US and foreign multinational corporations' use of tax havens, Congressional leaders stake out positions on raising US debt ceiling, and US, Japan sign Model 2 IGA "statement."