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What the OECD Global Tax Deal Means for the U.S.


The new global tax deal is bad for development - Brookings Institution

The deal—brokered by the Organization for Economic Cooperation and Development (OECD) and endorsed by 137 countries and jurisdictions ( ...

Trump win puts global corporate tax deal 'in peril' - Financial Times

A global deal inked at the Paris-based OECD in 2021 and partly introduced by several countries — including EU member states, the UK, Norway, ...

The US Should Demand More From the OECD Global Minimum Tax ...

Analysis by the Joint Committee on Taxation shows that the deal's most immediate effect—if all countries follow through—is to reduce US tax ...

New treaty advances Pillar Two global minimum tax Subject ... - OECD

The STTR allows jurisdictions to “tax back” where defined categories of income are subject to nominal tax rates below the STTR minimum rate ...

Explainer: What is the global minimum tax deal and what will it mean?

The OECD, which has steered the negotiations, estimates the minimum tax will generate $150 billion in additional global tax revenues annually.

JCT: U.S. Stands to Lose Revenue Under OECD Tax Deal

Even if Congress did implement OECD's global minimum tax by 2025 along with the rest of the world, the U.S. would still lose tens of billions of ...

Revenue and Profit Shifting for the U.S. in a Global Minimum Tax ...

PWBM estimates that tax policy changes in low-tax countries in response to the recent OECD global minimum tax deal could cost the U.S. as ...

GOP, Chamber Ramp Up Pressure on Treasury Over OECD Tax Deal

A Joint Committee on Taxation report found the US could lose billions in revenue if it joins the world in enacting the minimum tax, but also included scenarios ...

What Does the Global Minimum Tax Deal Mean for Developing ...

The long-anticipated deal is designed to ensure that multinational enterprises (MNEs) will be subject to a minimum 15% tax rate in every country of operation ...

Base erosion and profit shifting (BEPS) | OECD

BEPS refers to tax planning strategies used by multinational enterprises that exploit gaps and mismatches in tax rules to avoid paying tax.

Historic OECD Global Tax Deal Reached | Insights - Venable LLP

The plan seeks to address the tax challenges implicated by an increasingly digital economy and suggests sweeping changes to how multinational companies are ...

New OECD chief, Republican lawmakers on a collision course over ...

More than 135 jurisdictions, including the U.S., signed up to the global corporate tax reform package in 2021. The deal aims to obliterate ...

Subject to Tax Rule | OECD

Pillar Two comprises: the Global anti-Base Erosion Rules (GloBE Rules) and a treaty-based rule, the STTR. The STTR complements the GloBE rules and adapts the ...

Global tax deal risks having US half in, half out - POLITICO.eu

In this scenario, then, the final OECD deal may be largely centered on a global minimum tax, but lack a mechanism to tax and reallocate profits ...

Tax policy - OECD

Context · The Global Revenue Statistics initiative provides harmonised tax revenue data for more than 125 countries and jurisdictions worldwide.

OECD deal imposes global minimum corporate tax of 15%

Almost 140 countries have taken a decisive step towards forcing the world's biggest companies to pay a fair share of tax, with plans for a global minimum ...

Global minimum corporate tax rate - Wikipedia

The aim is to reduce tax competition between countries and discourage multinational corporations (MNC) from profit shifting that avoids taxes. OECD plan to set ...

Taxation - OECD

The OECD produces internationally comparable tax data, analysis and policy advice with the aim of helping governments around the world to design and implement ...

OECD Pillar Two country tracker - PwC

Pillar Two introduces a global minimum Effective Tax Rate (ETR) where multinational groups with consolidated revenue over €750m are subject to a minimum ETR of ...

OECD announces global deal on international tax reform with its ...

In Friday's announcement, the OECD reiterated that consideration will be given to the conditions under which the US GILTI regime will co-exist ...