President Trump signed the One Big Beautiful Bill Act into law on 4 July. The retaliatory measure set out in section 899 was removed after the G7 reached a shared understanding regarding US exemption from the Pillar Two global minimum tax rules. (See OBBBA: permanent tax cuts and international adjustments)
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
President Trump signed the One Big Beautiful Bill Act into law on 4 July. The retaliatory measure set out in section 899 was removed after the G7 reached a shared understanding regarding US exemption from the Pillar Two global minimum tax rules. (See OBBBA: permanent tax cuts and international adjustments)
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
.tmb-editorspic.jpg?sfvrsn=c9a7a0cc_1)
