US Secures Exemptions in Global Minimum Tax Agreement
TL;DR Summary
The United States has secured exemptions from the new global minimum corporate tax rules, allowing it to avoid certain tax obligations under the international agreement aimed at setting a minimum corporate tax rate.
- US wins exemptions from global minimum corporate tax rules Financial Times
- US-based multinational companies will be exempt from global tax deal AP News
- More than 145 countries agree on update to global minimum tax deal, addressing US concerns Reuters
- OECD Finalizes Agreement on Global Minimum Tax Bloomberg.com
- Updated Global Minimum Tax Deal Aids U.S. Companies The Wall Street Journal
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