Trump declares OECD tax deal has 'no force or effect' in US

Trump Administration Disavows the OECD Global Tax Deal
On January 20, 2025, the White House issued a memorandum (the “Memorandum”), announcing that the “Organization for Economic Co-operation
Trump declares OECD tax deal has 'no force or effect' in the US
President Donald Trump on Monday signed an executive action declaring that the global minimum corporate tax deal supported by the Biden administration and negotiated with more than 100 other countries has "no force or effect" within the U.
Trump Orders Withdrawal From Global Tax Deal And Initiates America First Trade Policy
President Donald Trump declared that the global tax deal “has no force or effect” in the U.S. in one of a pair of new tax and trade-related directives.
GOP bill would pull US out of global tax deal
House Republican lawmakers introduced legislation to end U.S. involvement in the framework for global taxation in response to a Trump executive order.
Trump pulls out of OECD global tax deal, putting question on the landmark accord
Because of the Global Tax Deal and other discriminatory foreign tax practices, American companies may face retaliatory international tax regimes if the United States does not c
Trump effectively pulls US out of global corporate tax deal
President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement negotiated by the Biden administration with nearly 140 countries.
Trump orders US out of global tax deal
Former Treasury Secretary Janet Yellen was a driving force behind talks led by the OECD that resulted in more than 130 countries agreeing to implement global tax rules in 2021.
Global tax deal has no force in the US, says Trump administration
Among the first Presidential actions was an executive order on Monday night effectively pulling the US out of the landmark 2021 OECD Global Tax Deal negotiated by the Biden administration with nearly 140 countries including India.
Trump's Withdrawal from OECD Global Tax Deal Will Not Affect India's Tax Collection, Experts Say
Experts say Trumps exit from the OECD global tax deal wont affect Indias tax collection but hampers international tax consensus.
Global Tax Deal Could Derail As US Pulls Plug, But India's Tax Kitty May Not Be Hit
The global tax deal, set up by the Organisation for Economic Co-operation and Development or the OECD, may be on the verge of derailment in Trump 2.0, but India's tax kitty wouldn't be hit by the development, according to an expert. ADVERTISEMENT
Trump's Exit from Global Tax Deal: No Impact on India, Experts Say
Trump's withdrawal from the OECD's global tax deal won't affect India's tax collection, but experts warn of setbacks in reaching an international consensus on global minimum tax.
JD Supra23h
The Organization for Economic Co-Operation And Development (OECD) Global Tax Deal (Global Tax Deal)
Issues a memorandum rejecting U.S. commitments related to the OECD Global Tax Deal unless enacted by Congress. It directs the Treasury and USTR ...
Wall Street Journal1d
The End of the Global Tax Affair
This puts paid to a global corporate-tax raid Europe cheered in the Biden era, and not a moment too soon. Mr. Trump is taking aim at a tax scheme cooked up at the Organization for Economic ...
Trump orders crackdown on possible foreign tax grabs on U.S. companies
In a memorandum, President Donald Trump said a global tax deal earlier agreed upon has “no force or effect” in the United ...
JD Supra6d
What Does 2025 Hold for the Global Minimum Tax (Pillar Two)?
Rewriting the international tax framework to introduce a Global Minimum Tax (also known as Pillar Two) was always going to be a battle against ...