EY Cross-Border Taxation Alerts

A review of the week's major US international tax-related news. In this edition: US Congress passes FY'26 budget resolution to prepare targeted budget reconciliation bill – US, Croatia sign tax protocol – Financial institutions should confirm account holders' tax IDs for FATCA and CRS compliance – OECD releases Global Minimum Tax Implementation Toolkit, updated FAQs on GloBE and global minimum tax.

A review of the week's major US international tax-related news. In this edition: US congressional Republicans eye action on narrow budget reconciliation bill – US, Croatia conclude negotiations on tax protocol – OECD Secretary-General issues tax report to G20 Finance Ministers and Central Bank Governors – Inclusive Framework jurisdictions to develop system to review enacted Pillar Two measures – OECD plans public consultation on transfer pricing for intragroup services – OECD looking to US Treasury's pending crypto reporting regulations as it considers changes to CARF.

A review of the week's major US international tax-related news. In this edition: Trump Administration releases proposed FY'27 budget – Congress recesses as Republicans mull second budget reconciliation bill – IRS releases 27th annual APA report – White House issues trade proclamations on pharmaceuticals and aluminum, steel and copper – CBP updates court on IEEPA duty refund process.

A review of the week's major US international tax-related news. In this edition: US Treasury official discusses Pillar One – OECD official reviews upcoming Pillar Two guidance – IRS extends temporary relief for identifying digital assets – IRS guidance on Section 871(m) dividend equivalent amounts expected mid-year – US Treasury Secretary no longer acting IRS Commissioner, but duties remain.

A review of the week's major US international tax-related news. In this edition: IRS proposes removing final regs on p'ship related-party basis adjustment transactions – Alternative process proposed for digital asset brokers electronic statements – IRS may waive 2025 electronic filing requirement for US and foreign withholding agents – Treasury Secretary says 10%global tariffs will increase to 15% – US Customs and Border Protection outlines possible tariff refund and liquidation mechanics – Federal Circuit rejects tariff refund delay.

A review of the week's major US international tax-related news. In this edition: US Supreme Court strikes down IEEPA tariffs – BEPS two-Pillar solution no longer exists, according to a Treasury official; Treasury exploring ways to reach an appropriate agreement on the digital economy – President Trump to deliver State of the Union address – IRS issues possible final tranche of additional interim CAMT guidance – OECD releases FAQs on BEPS Pillar One Amount B – US and North Macedonia issue joint statement on "Framework for an Agreement on Reciprocal Trade."

A review of the week's major US international tax-related news. In this edition: US partial government shutdown ends – President Trump's State of the Union address set for 24 February – US-Spain CAA on tax treaty arbitration released – President Trump announces India tariff reduction – US moving forward with critical minerals trade zone, supply chain resilience.

A review of the week's major US international tax-related news. In this edition: US Congress finalizing FY'26 spending bills – Second budget reconciliation bill possible, but uncertain – US, Taiwan complete trade deal.

A review of the week's major US international tax-related news. In this edition: OECD releases 'Side-by-Side' Pillar Two global minimum tax agreement – US Congress returns to unfinished business – US Treasury to modify final Section 987 FX regulations – US Supreme Court expected to rule on Trump tariff cases.

A review of the week's major US international tax-related news. In this edition: US Congress recesses with no action on ACA credit, other legislation – US optimistic on BEPS Pillar Two global minimum tax side-by-side deal – IRS releases final regulations on determining and reporting qualified derivative payments on securities lending transactions – USTR testifies in Congress on USMCA – USTR warns EU over DSTs.

A review of the week's major US international tax-related news. In this edition: US House subcommittee holds international hearing – Congress will not have a draft crypto-asset legislative framework by year-end – IRS releases 3 OBBBA international tax notices – Cyprus addresses US-Cyprus agreement for exchange of CbC reports – OECD issues CARF report.

A review of the week's major US international tax-related news. In this edition: Year-end US legislation uncertain – IRS releases final regulations on stock buyback excise tax – Treasury official says OBBBA international guidance coming soon – IRS issues draft instructions for digital transaction filings – US announces new trade frameworks – OECD updates Model Tax Treaty.

A review of the week's major US international tax-related news. In this edition: US government shutdown continues amid talks – IRS releases FAQs on digital asset transaction reporting by brokers – President Trump signs two EOs on trade with China – US Supreme Court holds oral arguments in critical tariff case – OECD releases MAP and APA stats on 'Tax Certainty Day."