12 December 2025

EY Podcast | Weekly US international cross-border taxation news for week ending 12 December 2025

  • US Senate fails to advance ACA bills
  • President Trump says second budget reconciliation bill unnecessary
  • IRS issues guidance on taxing US investment income of foreign governments
  • US government considering changes to final FX regulations; releases draft forms
  • US optimistic for Pillar Two global minimum tax side-by-side deal

Listen to the latest episode here.

Document ID: 2025-2495