EY Cross-Border Taxation Spotlight for Week ending 7 March 2025
A review of the week's major US international tax-related news. In this edition: President Trump calls for permanent tax cuts during joint session of Congress – Trump Administration imposes tariffs on Canada and Mexico, then reverses – US House Ways and Means Committee set to begin drafting budget reconciliation bill to extend expiring TJCA provisions – US Congress to address expiration of government funding on 14 March – Senate votes to repeal Biden-era regulation requiring some cryptocurrency reporting.