Trump's Election Win Threatens Global Tax Deal and Corporate Cuts

Donald Trump's election victory threatens the global corporate tax deal established by the OECD, which aims to prevent multinational companies from avoiding taxes by shifting profits across borders. The deal's second pillar, which enforces a minimum 15% tax rate, is at risk as countries fear US retaliation, such as tariffs, if they apply the rule to American companies. The US, under Trump's leadership, may not support the deal, potentially leading to trade tensions and unilateral digital services taxes by other countries.