Trump
Administration
Supported by
American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.
By Alan Rappeport and Colby Smith
American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.
Trump
Administration
Supported by
American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.
By Alan Rappeport and Colby Smith

Agreement finalised by the OECD waters down a landmark 2021 deal that set a minimum global corporate tax of 15%

Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not…

Known as Section 899, the measure could cause companies to avoid investing in the the U.S. out of concern they could face steep…

The finance leaders said there was a need for a common understanding of how "non-market policies and practices" undermine…

Leaders are torn on a statement calling for de-escalation between Iran and Israel.

Global companies lobby lawmakers to reject extra levies on countries deemed to treat US unfairly