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 ...
House Republican lawmakers introduced legislation to end U.S. involvement in the framework for global taxation in response to ...
This puts paid to a global corporate-tax raid Europe cheered in the ... for Economic Cooperation and Development (OECD). The first part of the deal, known as pillar one, imposes a surtax on ...
President Donald Trump ordered the U.S. out of a global tax deal that included a global minimum tax rate of 15% aimed in part ...
The decision of the Trump administration to withdraw from the OECD's global tax deal will not have any impact on India, but ...
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