IRS Releases Guidance on Country-by-Country (CbC) Reporting: Today the IRS updated the Frequently Asked Questions (FAQs) on its website regarding CbC reporting. The IRS has also updated its jurisdiction status table, which contains recently signed Competent Authority Arrangements for the exchange of CbC Reports.

Ways and Means Republican Member Subcommittee Assignments Announced: Today House Ways and Means Committee Chairman Kevin Brady (R-TX) announced the following subcommittee chairmen and subcommittee assignments for Republican members of the Committee for the remainder of the 115th Congress:

Health

  • Chairman Peter Roskam (IL)
  • Sam Johnson (TX)
  • Devin Nunes (CA)
  • Vern Buchanan (FL)
  • Adrian Smith (NE)
  • Lynn Jenkins (KS)
  • Kenny Marchant (TX)
  • Diane Black (TN)
  • Erik Paulsen (MN)
  • Tom Reed (NY)
  • Mike Kelly (PA)

Human Resources

  • Chairman Adrian Smith (NE)
  • Jackie Walorski (IN)
  • Carlos Curbelo (FL)
  • David Schweikert (AZ)
  • Darin LaHood (IL)
  • Brad Wenstrup (OH)
  • Dave Reichert (WA)

Oversight

  • Chairman Lynn Jenkins (KS)
  • Jackie Walorski (IN)
  • Carlos Curbelo (FL)
  • Mike Bishop (MI)
  • Darin LaHood (IL)
  • Brad Wenstrup (OH)
  • Kenny Marchant (TX)

Social Security

  • Chairman Sam Johnson (TX)
  • Mike Bishop (MI)
  • Vern Buchanan (FL)
  • Mike Kelly (PA)
  • Tom Rice (SC)
  • David Schweikert (AZ)
  • Darin LaHood (IL)

Tax Policy

  • Chairman Vern Buchanan (FL)
  • Peter Roskam (IL)
  • Dave Reichert (WA)
  • Jim Renacci (OH)
  • Kristi Noem (SD)
  • George Holding (NC)
  • Jason Smith (MO)
  • Tom Rice (SC)
  • David Schweikert (AZ)

Trade

  • Chairman Dave Reichert (WA)
  • Devin Nunes (CA)
  • Erik Paulsen (MN)
  • Mike Kelly (PA)
  • Tom Reed (NY)
  • Kristi Noem (SD)
  • George Holding (NC)
  • Tom Rice (SC)
  • Kenny Marchant (TX)
  • Jason Smith (MO)

In addition to serving on the Ways and Means Committee, Reps. Diane Black (TN), Jim Renacci (OH), and Jason Smith (MO) will continue to serve on the House Budget Committee.