OECD Side-by-Side Deal Has its Limits, International Tax Pro Says
One cross-border tax attorney sees the Organization for Economic Cooperation and Development’s (OECD) new side-by-side safe harbor as patchwork relief …
What the OECD Side-by-Side Deal Means for US Multinationals
While the Organization for Economic Development’s (OECD) new global minimum tax guidance is welcome relief for U.S.-parented multinationals, a new …
OECD to ‘Keep Working’ With US Despite Trump’s Rejection of Tax Deal
The reaction to President Trump’s decision to pull out of global tax agreement negotiations started by his predecessor has been …
IRS to Issue Proposed Regs Addressing the Pillar Two GloBE Model Rules
The IRS has announced that it will issue proposed regs addressing how certain Code provisions, including the foreign tax credit …
Pillar 2 Work Progressing Despite Lack of US Implementation, Treasury Official Says
Although the US has not yet implemented the two-pillar global tax plan from the Organization for Economic Co-operation and Development …