EY Cross-Border Taxation Spotlight for Week ending 14 February 2025

A review of the week's major US international tax-related news. In this edition:  US House Budget Committee approves FY’25 Budget Resolution in first step to budget reconciliation legislation – President Trump signs country-by-country reciprocal trade and tariffs memorandum – OECD updates main documentation package for MNEs participating in ICAP risk assessments.

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The EY Cross-Border Taxation Podcast series brings you the latest developments in major international tax news from around the globe.