Ey Cross-border Taxation Alerts

A review of the week's major US international tax-related news. In this edition:IRS issues more repatriation transition guidance in Notice 2018-27 -- IRS Notice 2018-28 provides details on Section 163(j) business interest expense limitation – IRS Notice 2018-29 provides interim guidance for dispositions by non-US persons of interests in non-PTPs -- IRS Notice 2018-31 offers guidance on changes to the CbC reporting for US MNCs considered national security contractors -- IRS issues 2017 APA report – OECD has begun review of US tax reform.