Ey Cross-border Taxation Alerts

A review of the week's major US international tax-related news. In this edition:House approves Senate-passed FY 2018 budget resolution; Ways and Means Committee tax reform bill set for release 1 November, legislative markup to begin 6 November – Treasury official says Section 385 debt/equity regulations ‘overly burdensome’ and will be substantially amended – David Kautter, current Treasury Assistant Secretary for Tax Policy, also named Acting IRS Commissioner.