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

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Trade Groups Say Pillar 2 Income Blending Should Not Alter DCLs

  • By Michael Smith

U.S. trade groups are urging Treasury not to apply dual consolidated loss rules to the jurisdictional tax blending rules under pillar 2 and the corresponding safe harbors of the OECD’s global minimum tax deal.

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