EY Cross-Border Taxation Alerts

EY Cross-Border Taxation Spotlight for Week ending 29 May 2026


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

US Congress to return to budget reconciliation legislation after Memorial Day break – JCT issues "Blue Book" on OBBBA – IRS releases proposed Section 892 regs on foreign government income, updating applicability dates – OECD releases updated consolidated commentary to GloBE Model Rules.

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EY Cross-Border Taxation AlertsBy Ernst & Young

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