A review of the week's major US international tax-related news. In this edition:
Congressional Republicans moving forward on budget reconciliation – President Trump announces 25% additional import tariffs on automobiles and automobile parts – House Ways and Means Republicans reintroduce “Unfair Tax Prevention Act” in response to Pillar Two – IRS releases 26th annual APA report – US, Swiss competent authorities agree to extend treaty benefits to certain pension, retirement arrangements.
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