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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 ...
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Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street - MSNThe Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other countries in exchange for removing the Section 899 “revenge tax ...
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Trump's late push for huge new corporate tax cuts - MSNThe Trump administration is pressing Congress to dramatically expand the number of business-friendly tax cuts in a budget bill that's already complicated and costly. Why it matters: New additions ...
The US government role has changed now in a positive way with the enactment of innovative, BEPS-inspired provisions under the Tax Cuts and Jobs Act of December 2017 and the emergence of new ...
The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other countries in exchange for removing the Section 899 “revenge tax ...
In this episode of Tax Notes Talk, Melissa Wiley of Kostelanetz LLP provides an update on the Corporate Transparency Act’s legal status after Treasury announced it would not enforce penalties ...
Treasury Secretary Scott Bessent asked Republicans in Congress on Thursday to remove the so-called “revenge tax” from President Trump’s “big, beautiful” bill.
The OECD said on Thursday that negotiators had backed a proposed minimum corporate tax rate of at least 15%. US Treasury Secretary Janet Yellen said: "Today is an historic day for economic diplomacy." ...
The Financial Crimes Enforcement Network (FinCEN) announced on March 21, 2025, that FinCEN had issued its Interim Final Rule that provides that FinCEN ...
But that all changed with the new administration, which took power in Washington in January. President Joe Biden and his Treasury Secretary, Janet Yellen, wanted a deal and made specific proposals.
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