- The OECD’s global digital tax plan is considered “dead” by the US Treasury.
- The US has no set timetable for creating a replacement plan.
- A recent agreement exempting US companies from parts of the global minimum tax should be made permanent.
- The planned OECD reassessment in 2029 is viewed by the US as merely a “face-saving” gesture.
Source: news.bloomberglaw.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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