U.S. Demands on Global Minimum Tax Face Obstacles Overseas

Tax attorney Joshua Odintz was quoted in a Bloomberg Tax article discussing the challenges the Trump Administration faces in securing international agreement on the coexistence of the U.S. tax system with the Organization for Economic Cooperation and Development's (OECD) global minimum tax framework. Mr. Odintz highlighted uncertainties around whether trade issues such as tariffs will influence tax negotiations at the OECD and potentially complicate efforts to reach a consensus. The article also described political and procedural hurdles, particularly within the European Union (EU), that could affect how U.S. multinational companies are taxed abroad.

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