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@Federation_Bot  ·  activity timestamp 6 days ago

US corporations were the reason for the deal. Heat up the panini press for new double Dutch sandwiches....
US will be exempt from global tax deal targeting profits of large multinationals
https://www.theguardian.com/business/2026/jan/06/us-exemption-oecd-global-tax-deal-multinational-companies

the Guardian

US will be exempt from global tax deal targeting profits of large multinationals

Agreement finalised by the OECD waters down a landmark 2021 deal that set a minimum global corporate tax of 15%
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@alper@sfba.social replied  ·  activity timestamp 5 days ago

@jeffjarvis
Bessent is right. they gave the US corporations an extra 15% margin against their own companies. Nice job.

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