EY Cross-Border Taxation Spotlight for Week ending 21 October 2016

A review of the week's major US international tax-related news. In this edition: Final and Temporary Section 385 debt/equity regulations significantly narrow scope of earlier proposed rules – US officials offer insights on Section 385 regulations – US government to focus on cross-border intangible property transfers for partnerships and corporations -- US taxpayers seeking unilateral APAs with Mexico for maquiladoras will not be subject to double taxation if requirements met – OECD announces establishment of automatic info exchange relationships, global review of MAP programs.