EY Cross-Border Taxation Spotlight for Week ending 02 November 2018

A review of the week's major US international tax-related news. In this edition: IRS proposed rules would reduce Section 956 inclusions for certain domestic corps owning stock in foreign corps -- IRS recently issued Section 163(j) draft Form 8990, draft instructions for BEAT Form 8991 – IRS LB&I issues 3 more international tax compliance campaigns -- US House tax leader issues warning about proposed UK DST, other unilateral measures – Netherlands announces intent to repeal Decree re: US-Netherlands tax treaty relation to hybrid entities