OECD global agreement on minimum taxation of multinationals called into question

On his inauguration date of 20 January 2025, US president Trump issued numerous executive orders on a variety of different topics, including the US commitment to the “Global Tax Deal”. 

This undefined term used in the public communication of the White House mainly refers to the global minimum tax rules agreed upon at OECD/G20 level, i.e., the so-called Global Anti-Base Erosion (“GloBE”) rules or “Pillar Two”.

Read the full article and analysis, put together by our Tax Partner, Andreas Medler, below.