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Global Tax Policy and Controversy Watch | February 2025 edition

11 February 2025

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Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, Treaties, OECD, Global

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United States, Brazil, China, Estonia, Germany, India, Italy, Kenya, Mexico, Saudi Arabia

In the spotlightUS President addresses BEPS 2.0 and trade policyOn 20 January 2025, Donald Trump was inaugurated as United States (US) President. Following the inauguration, President Trump signed dozens of Executive Orders (EOs) covering a range of policy issues. One EO states that the Economic Co-operation and Development (OECD) Global Tax Deal has no force and effect in the US and directs the US Treasury Secretary to develop options for response, with a report to be delivered to the President in 60 days. Another EO establishes an "America First Trade Policy" directing US economic agencies to undertake reviews and propose...