Trump effectively pulls US out of global corporate tax deal
President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement negotiated by the Biden administration with nearly 140 countries.
Issues a memorandum rejecting U.S. commitments related to the OECD Global Tax Deal unless enacted by Congress. It directs the Treasury and USTR ...
The US, in other words, is set to shatter the new OECD corporate tax agreement that’s taken a decade to thrash out. That ...
The decision of the Trump administration to withdraw from the OECD's global tax deal will not have any impact on India, but ...
This puts paid to a global corporate-tax raid Europe cheered in the Biden era, and not a moment too soon. Mr. Trump is taking aim at a tax scheme cooked up at the Organization for Economic ...
In a memorandum, President Donald Trump said a global tax deal earlier agreed upon has “no force or effect” in the United ...
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