EY Cross-Border Taxation Spotlight for Week ending 19 July 2024
Update: 2024-07-19
Description
A review of this week's major US international tax-related news. In this edition:
US IRS releases final Section 367(b) regs addressing cross-border triangular reorganizations, inbound nonrecognition transactions – Congress reacts to Supreme Court’s Loper Bright decision invalidating Chevron – OECD Inclusive Framework close to finalizing MLC text on Pillar One Amount A, expanded Amount B framework.
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