11 July 2025

EY Podcast | weekly US international cross-border taxation news for week ending 11 July 2025

  • US enacts budget reconciliation legislation with major international tax changes
  • G-7 issues statement on global minimum taxes to address US concerns
  • President Trump issues EO extending country-specific tariff deadlines, sends 'tariff letters' to 14 countries
  • Canada rescinds DST to preserve US trade talks
  • IRS revokes crypto-reporting final regulations — IRS announces 83 pieces of guidance obsolete

Listen to the latest episode here.

Document ID: 2025-1430