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Treasury Would Back 'Revenge Tax' if OECD Doesn't Fulfill Promise

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Treasury Would Back 'Revenge Tax' if OECD Doesn't Fulfill Promise

  • By Cady Stanton

The Trump administration would back efforts by congressional Republicans to institute a “revenge tax” should the OECD fail to follow through on a pledge to exempt American companies from the global minimum tax, a Treasury official told lawmakers.

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