13 July 2021 Miller & Chevalier Chartered To print this article, all you need is to be registered or login on Mondaq.com.
Earlier this month, over 130 members of the OECD s Inclusive
Framework (IF) signed on to the institution s two-Pillar
framework to overhaul the international tax regime. This
endorsement encompasses the new articulations of jurisdictional
nexus and profit allocation embodied in Pillar 1, as well as a primary rule
implementing a global minimum tax (at a rate of at least 15 percent
- more on that later) regime with a backstop rule authorizing the
denial of deductions for related party payments made to recipients
in low-tax jurisdictions under Pillar 2.
The Other Green Book: Treasury Explains Administration s Tax Proposals | Alston & Bird
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Treasury s Green Book Provides Details on the Biden Administration s Tax Plan | Proskauer - Tax Talks
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