EY Cross-Border Taxation Spotlight for Week ending 15 May 2015

A review of the week's major US international tax-related news. In this edition: House Ways and Means Committee international tax reform legislative text expected this summer -- US District Court in Lehman Brothers disallows FTCs in back-to-back stock loan transaction – ABA Tax Section meeting highlights coming US international tax guidance – OECD Update: public consultation held on BEPS Action 12 on mandatory disclosure rules, OECD’s Pascal Saint-Amans takes aim at multinational tech companies.