Presidential Document
30 Jan 2025
international trade, business regulation, treasury, tax policy, economic competitiveness, global tax deal, oecd
🇺🇸OECD Global Tax Deal
The memorandum addresses the OECD Global Tax Deal, clarifying that prior commitments have no effect within the United States unless Congress acts. It outlines measures to protect U.S. businesses from extraterritorial tax measures, affirming a commitment to national economic sovereignty. The document emphasizes the need for future compliance assessments against discriminatory foreign tax practices.
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