US President Donald Trump’s decision to withdraw from a global minimum tax agreement on his first day in office has unnerved EU officials, who expressed “regret” over the move.
# The newly-elected US president, amid a flurry of executive actions on his first day in office, issued an order declaring that the 15 percent global corporate minimum tax deal “has no force or effect ...
The global minimum tax aims to prevent a race to the bottom where countries outdo one another by lowering taxes for ...
New president signs raft of orders, withdrawing birthright citizenship, ending sanctions against West Bank settlers.
Trump drops the ax on a corporate-tax deal whacking U.S. firms.
US President Donald Trump's decision to withdraw from a global minimum tax agreement on his first day in office has unnerved EU officials, who expressed "regret" over the move.
Congress never approved a world agreement setting a 15 percent minimum corporate tax, and the new president's memo on it said it would have no bearing on American companies.
The Manila Times on MSN1d
US pulls out of global tax deal
PRESIDENT Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the United ...
Nangia & Co LLP Managing Partner Rakesh Nangia said the impact of the US pulling out of the global tax deal would have ...
Income Inclusion Rule (“ IIR ”): If the source country of income does not implement QDMTT and the tax paid in that country is ...