The US and more than 100 other countries finalized an agreement that would exempt American companies from some foreign taxes, the culmination of a months-long effort to create a carve-out from a ...

The new agreement exempts U.S. companies from OECD 15% global minimum tax rules that aimed to shut down tax havens and curtail international tax competition.

PARIS, Jan 5 (Reuters) - More than 145 countries agreed on Monday to amend a 2021 global minimum corporate tax agreement, addressing Washington's concerns the rules could penalise U.S. multinational ...

The new agreement excludes American-based corporations with overseas operations from paying the global minimum tax.

PARIS — More than 145 countries have agreed to update a landmark global tax deal, carving out exemptions for U.S. multinationals after Washington pushed back against rules designed to ensure big ...

Rewriting the international tax framework to introduce a Global Minimum Tax (also known as Pillar Two) was always going to be a battle against the odds. However, despite various obstacles and setbacks ...

A recent US carveout from the OECD’s global minimum tax deal has raised concerns about whether the international consensus to ...

Rumours of the death of Pillar 2, the OECD’s global minimum tax, appear to have been exaggerated, but the international, rules-based order may be discovering its limits, says Tim Sarson Businesses ...

Opinion: If the OECD’s new Pillar Two “side-by-side” agreement with the US works as intended, it will constrain rather than ...

PARIS, Jan 6 (Reuters) - More than 145 countries have agreed ‌to update a landmark global tax deal, carving ‌out exemptions for U.S. multinationals after Washington pushed back against rules designed ...