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Pillar 2 Side-by-Side System Needs Safeguards, EU Official Says

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Pillar 2 Side-by-Side System Needs Safeguards, EU Official Says

  • By Elodie Lamer

The so-called side-by-side system for exempting U.S.-parented multinational enterprise groups from some global minimum tax rules will require clear safeguards, a top European Commission official said.

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