24 July 2026

EY Podcast | Weekly US international cross-border taxation news for week ending 24 July 2026

  • US House passes FY27 budget resolution in lead up to budget reconciliation 3.0
  • Senate unlikely to complete work on digital asset Clarity Act before August recess
  • IRS hopes to release updated MAP guidance
  • OMB set to review IRC Section 250 proposed rules
  • USTR final action imposes 10% or 12.5% tariffs on 60 US trading partners
  • US imposes additional 50% tariff on certain Canadian imports

Listen to the latest episode here.

Document ID: 2026-1610