EY Cross-Border Taxation Spotlight for Week ending 16 January 2026

from EY Cross-Border Taxation Alerts · host EY

A review of the week's major US international tax-related news. In this edition: US Congress making progress on FY26 spending bills – House Republicans eye second budget reconciliation bill – Treasury official says final CAMT notice expected soon – Additional transition guidance on cryptocurrency tax reporting and staking possible – IRS issues guidance for PFICs seeking QEF election – OECD officials offer Pillar Two update – US issues trade proclamations on semiconductors and critical minerals.

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This episode was published on January 16, 2026.

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