A review of the week's major US international tax-related news. In this edition: 

US Congress to move on budget reconciliation after recess – IRS withdraws regulations on certain partnership related-party basis-shifting transactions – OECD/G20 IF on BEPS issues statement following meeting, OECD official comments on discussions – UN negotiating committee of Framework Convention on International Tax Cooperation releases roadmap and guidelines – US launches investigation into pharmaceuticals and semiconductors.