The government has issued proposals to collect 23% from Israeli parent companies with 30+% affiliated companies that derive certain types of “mobile income” taxed abroad below 15%.
Congresswoman Beth Van Duyne helped introduce the Unfair Tax Prevention Act, legislation to discourage foreign countries from attacking U.S. jobs and tax revenues through the Organization for Economic Co-operation and Development’s (OECD) Pillar 2 so-called Under Taxed Profit Rule (UTPR) surtax.
Working toward fiscal responsibility, common sense legislation – The Kansan thekansan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thekansan.com Daily Mail and Mail on Sunday newspapers.
Unfair Tax Prevention Act introduced by Estes, Miller riponadvance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from riponadvance.com Daily Mail and Mail on Sunday newspapers.