Notice: Function add_shortcode was called incorrectly. Invalid shortcode name: Empty name given. Please see Debugging in WordPress for more information. (This message was added in version 4.4.0.) in /opt/bitnami/wordpress/wp-includes/functions.php on line 6121
U.S. Will Likely Lose Revenue as a Result of the Pillar 2 Global Minimum Tax — Orbitax
OrbitaxOrbitax

U.S. Will Likely Lose Revenue as a Result of the Pillar 2 Global Minimum Tax

|Proposed Changes|United States
United States

According to a release from Senate Finance Committee Ranking Member Mike Crapo (R-ID), the U.S. will (likely) lose revenue as a result of the Pillar 2 global minimum tax. This conclusion is based on a report prepared by the Joint Committee on Taxation on the Possible Effects of Adopting the OECD's Pillar Two, Both Worldwide and in the United States. The report looks at different scenarios whe…

Continue Reading