EY Cross-Border Taxation Spotlight for Week ending 8 January 2021

A review of the week's major US international tax-related news. In this edition: Democrats control over White House and US Congress has implications for legislation and tax in 2021 – Treasury and IRS release final Section 163(j) business interest expense limitation regulations – US suspends tariff action over Section 301 investigation of France’s Digital Services Tax – OECD Pillar One and Two Blueprint public consultation will be held 14-15 January 2021; Inclusive Framework meeting 27-28 January will be public.