politics
Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus
The U.S. Withdraws From Global Tax Rules. The Race to the Bottom Resumes.
What Happened
The Trump administration has moved to withdraw the United States from the OECD's global minimum corporate tax agreement, which had been signed by over 130 countries. The deal, negotiated under the Biden administration, was designed to set a 15% minimum corporate tax floor worldwide to prevent com...
What's In Your Control
Whether you understand how this affects any businesses you own shares in. Whether you engage your elected representatives if you believe global tax coordination matters. Whether you read beyond the...
