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Unfair Tax Prevention Act Reintroduced in U.S. House of Representatives to Counter Extraterritorial Taxes

01 April 2025

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Proposed Changes

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United States

Representative Ron Estes (R-KS) has announced the reintroduction of draft legislation, the Unfair Tax Prevention Act, in the U.S. House of Representatives on 27 March 2025. The legislation is meant to counter extraterritorial taxes on U.S. businesses, including the Pillar 2 UTPR, through an increase in the U.S. Base Erosion and Anti-Abuse Tax (BEAT). --- Rep. Estes Reintroduces Legislation to Protect American Taxpayers Today, Rep. Ron Estes (R-Kansas), joined by every Ways and Means Republican, reintroduced the Unfair Tax Prevention Act to discourage foreign countries from attacking U.S. jobs and tax revenues through the Organization for Economic Co-operation and Development...