The US Internal Revenue Service (IRS) and the US Treasury Department have issued a notice requesting comments on various IRS forms that are used as withholding certificates for foreign persons (i.e. certificates to claim reduced or zero withholding on US-source payments) and in connection with the EW-8 MOU Program. The latter program enables withholding agents to apply for an electronic W-8 memorandum of understanding.
Related Posts
US: New York approves FY 2026-27 budget, introduces tip income tax exemption
June 04, 2026
New York Governor Kathy Hochul signed the New York State Fiscal Year 2027 Budget on 28 May 2026. This legislative package is designed to address the rising cost of living while funding critical public safety and infrastructure initiatives. While
Read MoreUS: Trump Administration unveils 25% Brazil tariff over trade grievances
June 04, 2026
The Trump administration announced a new punitive tariff of 25% on numerous Brazilian imports on Monday, 1 June 2026, citing unfair trade practices spanning digital commerce, intellectual property rights, and environmental protection. US Trade
Read More
US: Tariffs to remain as Trump Administration reframes USMCA trade deal
June 04, 2026
The Trump administration is pressing ahead with its tariff-first approach to trade with North American neighbours, according to US Trade Representative (USTR) Jamieson Greer. Speaking at the Council on Foreign Relations on Tuesday, 26 May 2026,
Read More
US, Mexico square off over automotive content in USMCA overhaul
June 04, 2026
The US and Mexico have launched formal bilateral negotiations to restructure the six-year-old US-Mexico-Canada Agreement (USMCA), with Washington pushing for stricter regional content rules—most notably, a new US-specific minimum threshold for
Read More
US: Treasury, IRS issue Section 892 proposed regulations to provide grandfathering protection and transitional relief to sovereign investors
June 03, 2026
The Department of the Treasury and the Internal Revenue Service announced on 29 May 2026 that it has issued additional guidance addressing the applicability dates of recent proposed regulations under Section 892 of the Internal Revenue Code, which
Read More
US: Trade Court blocks 10% import surcharge, rejects government stay
June 03, 2026
The US Court of International Trade (CIT) has refused to suspend enforcement of a judgment striking down President Trump's 10% temporary import surcharge. In a decisive ruling issued 20 May 2026, the court found the surcharge overstepped
Read More