Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.

The call by US lawmakers to impose new retaliatory taxes on foreign-owned companies is a strategic move to give the Trump ...

In this episode of Tax Notes Talk, Tax Notes chief correspondent Stephanie Soong discusses how the Trump administration’s tax ...

If enforced, UTPR could lead other countries to impose additional taxes on these firms, ensuring they meet the 15% global minimum tax, further increasing costs for American companies. While Mr ...

global minimum tax (GMT) is among the key tax proposals expected to be announced regardless of when Malaysia chooses to begin. While certain countries such as Singapore, Hong Kong and Thailand ...

ON Dec 30, 2023, Malaysia enacted law to introduce Pillar Two global minimum tax (GMT) rules for large multinational groups, joining what is now a growing list of more than 30 other countries that ...

Some of the biggest names in tech stood behind President Donald Trump on Inauguration Day. Hours later, he delivered a directive that took one potential tax headache off their plate. In one of the ...

The Trump administration has demanded that the US global minimum tax and the OECD’s minimum tax “coexist,” but the grand ask ...

“They want to destroy a global tax deal that would enable other countries to set up any minimum tax that is not aligned with their interest.” According to an EU Council document seen by POLITICO, the ...

The European Union, Britain and other countries have adopted the 15 percent global corporate minimum tax, but the U.S. Congress never approved measures to bring the U.S. into compliance with it.

officially marking the beginning of the Global Minimum Tax (GMT) era. As a tax professional, I find this a groundbreaking yet daunting development for the country’s fiscal framework. It ...