Newly inaugurated US President Donald Trump has wasted no time and signed an executive order that throws the idea of a global corporate minimum tax into chaos. The international agreement, which was ...

President Donald Trump ordered the U.S. out of a global tax deal that included a global minimum tax rate of 15% aimed in part at discouraging tax havens.

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 ...

On January 20, 2025, the White House issued a memorandum (the “Memorandum”), announcing that the “Organization for Economic ...

U.S. President Donald Trump's decision to effectively pull out of a 2021 global corporate minimum tax deal does not pose a ...

The Government’s hopes of hundreds of millions in annual corporate income tax revenue seemed less assured last night after a ...

Issues a memorandum rejecting U.S. commitments related to the OECD Global Tax Deal unless enacted by Congress. It directs the Treasury and USTR ...

While President Trump's first day back in office involved many executive orders and memorandums, none addressed estate ...

House Republican lawmakers introduced legislation to end U.S. involvement in the framework for global taxation in response to ...

Former Treasury Secretary Janet Yellen was a driving force behind talks led by the OECD that resulted in more than 130 ...

Trump drops the ax on a corporate-tax deal whacking U.S. firms.

US President Donald Trump's decision to withdraw from a global minimum tax agreement on his first day in office has unnerved EU officials, who expressed "regret" over the move.