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United States: Challenges expected in US implementation of OECD agreement on global tax reform

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G20 finance ministers on 13 October 2021 endorsed an implementation plan for revising international tax rules that has recently announced by the OECD/G20 group known as the Inclusive Framework (IF) on base erosion and profit shifting (BEPS) and agreed to by 136 of the 140 IF members. The two-pillar solution,…

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