News

American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.
G7 nations have reached a groundbreaking agreement, exempting US and British multinational corporations from key provisions ...
A key section of the US president’s One Big Beautiful Bill Act has been dropped but the fate of a global deal that took ...
The US demand for its tax system to sit “side-by-side” with the global minimum tax framework faces a long path forward, ...
The G7 has approved a “side-by-side” tax arrangement supporting the US, including removal of a controversial Trump-era tax ...
The “honorable compromise” has led the Trump administration to drop its threat to impose a “revenge tax” in a major spending ...
Faced with the threat of a tax war from the US government, which considered imposing steep additional taxes on foreign ...
US Treasury Secretary Scott Bessent has said the Group-of-Seven member states have agreed that a key pillar of a global tax ...
More countries involved in international tax pact negotiations want to address the treatment of certain kinds of incentives under the global minimum tax, a US official said.
Global tax reform, a US shift and new trade barriers mean the State needs to remain nimble and provide a stable FDI ...