OECD Minimum Tax Rate Hurts the U.S. Economy

Last year, the Organization for Economic Cooperation and Development (OECD) announced its two-pillar proposal to pursue the goals of transferring tax rights between nations, targeting profits of larger companies and multinational corporations, and instituting a cross-border minimum tax rate. The G-20 is gearing up for a meeting to discuss the first pillar of placing a […]

New International Tax Plan Will Come at the Expense of Consumers

Efforts in the last couple of years to produce a new international tax plan to deal with the growth and effects of the digital economy may soon become a potential windfall for many international governments. As countries struggle across the globe from the COVID-19 health crises and the economic turmoil, these countries find themselves needing […]