US EditionOECD Tax Framework Collapses as G7 Bows to Trump’s reciprocal tax threat
G7 COUNTRIES, JUL 07 – G7 non-US members exempt US multinationals from the 15% global minimum tax, leading Canada to drop its 3% digital services tax and resume trade talks with the US.
4 Articles
4 Articles
By Redacción de Sin Comillas The Donald Trump administration proposed to withdraw Section 899, called “the revenge tax”, from the law “OneBig Beautiful Bill” in exchange for companies from the United States not paying the minimum global tax of 15% of the Organization for Economic Cooperation and Development (OECD). The proposal was accepted in the past days by the G-7 countries (grouping of seven developed countries), as explained by the team of…
The G7 countries will grant the US an exemption from global minimum taxes that Norway has fought to introduce. The government will not say whether they will follow suit. – Coward, says Marian Hussein in SV.
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Leaning Left1Leaning Right1Center0Last UpdatedBias Distribution50% Left, 50% Right
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
50% Right
L 50%
R 50%
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