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U.S. Skeptical About Permanent Safe Harbor for GLOBE Tax Framework

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India to Scrap Equalization Levy to Pave Way for OECD Tax Deal

  • By Stephanie Soong

The Indian government has proposed abolishing its controversial 2 percent equalization levy to help advance the OECD-brokered two-pillar global tax reform plan, Indian Finance Minister Nirmala Sitharaman said.

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