{"id":570,"date":"2025-01-21T19:29:42","date_gmt":"2025-01-21T14:59:42","guid":{"rendered":"https:\/\/weezharoz.com\/en\/?p=570"},"modified":"2025-01-21T19:49:07","modified_gmt":"2025-01-21T15:19:07","slug":"us-withdrawal-from-global-tax-agreement-at-the-oecd","status":"publish","type":"post","link":"https:\/\/weezharoz.com\/en\/us-withdrawal-from-global-tax-agreement-at-the-oecd\/","title":{"rendered":"US Withdrawal from Global Tax Agreement at the OECD"},"content":{"rendered":"<p><strong><span style=\"color: #993300;\">Weezha Roz<\/span><\/strong>-The new President of the United States, Donald Trump, has ordered retaliatory measures against countries imposing &#8220;extraterritorial&#8221; taxes on US multinational companies.<\/p>\n<p>This decision, announced in an executive order on Monday night, signifies the United States&#8217; withdrawal of support from the global tax agreement reached last year at the Organisation for Economic Co-operation and Development (OECD).<\/p>\n<p>Under this agreement, other countries can impose additional taxes on US multinational companies.<\/p>\n<p>Trump has stated that a &#8220;list of options for protective measures&#8221; should be prepared &#8220;within 60 days,&#8221; warning signatories to the OECD agreement\u2014including EU member states, the UK, South Korea, Japan, and Canada\u2014that the US intends to challenge global tax rules further.<\/p>\n<p>During his presidency, Trump clashed with European leaders over proposed digital taxes that would affect major US tech companies like Alphabet (Google&#8217;s parent company) and Apple. At times, he even threatened to impose tariffs on France.<\/p>\n<p>Trump&#8217;s executive order includes an investigation into whether foreign countries comply with any tax treaties with the US or whether they have tax rules that may disproportionately affect American companies.<\/p>\n<p>Weezha Roz<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weezha Roz-The new President of the United States, Donald Trump, has ordered retaliatory measures against countries imposing &#8220;extraterritorial&#8221; taxes on US multinational companies. This decision, announced in an executive order on Monday night, signifies the United States&#8217; withdrawal of support from the global tax agreement reached last year at the Organisation for Economic Co-operation and &hellip;<\/p>\n","protected":false},"author":2,"featured_media":573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/posts\/570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/comments?post=570"}],"version-history":[{"count":0,"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/posts\/570\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/media\/573"}],"wp:attachment":[{"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/media?parent=570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/categories?post=570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/weezharoz.com\/en\/wp-json\/wp\/v2\/tags?post=570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}