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EY Cross-Border Taxation Spotlight for Week ending 27 February 2026
Published 7 months, 1 week ago
Description
A review of the week's major US international tax-related news. In this edition:
President Trump delivers State of the Union address to Congress – OBBBA international tax proposed regs coming mid-year – IRS issues guidance on FX gain or loss – New IRS proposed regs on foreign governments' US investment income will not be applied retroactively – US wants OECD guidance on Pillar Two side-by-side agreement – Trump Administration responds to US Supreme Court's tariff decision.