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Top Treasury Official Argues for US to Adopt Global Minimum Tax

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Top Treasury Official Argues for US to Adopt Global Minimum Tax

  • By Lauren Vella

Acting Deputy Assistant Secretary for International Affairs at the Treasury, Scott Levine, said the US should adopt an income inclusion rule or reform its current global intangible low-taxed income rule, known as GILTI, so that it is compliant with the global minimum tax rules and provides more tax certainty to corporations.

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