Pillar 2 Could Raise Taxes on Multinationals in U.S., CRS Says
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Pillar 2 Could Raise Taxes on Multinationals in U.S., CRS Says
The pillar 2 proposed global minimum tax could raise taxes on multinationals’ operations in the United States even if the country fails to act on the proposal, and it could reduce the benefit of credits or other domestic tax incentives, the Congressional Research Service said in a June 29 report.
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