Treasury Secretary Raises Concerns Over Global Tax Talks – The Wall Street Journal

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WASHINGTON—The U.S. has “serious concerns” with proposals being discussed in the global rewrite of corporate tax rules, Treasury Secretary Steven Mnuchin said.

In a letter to the Organization for Economic Cooperation and Development, Mr. Mnuchin cited concerns from U.S. businesses about a potential emerging agreement. He warned that changing the mandatory rules for when countries have the right to tax companies could affect “longstanding pillars of the international tax system upon which U.S. taxpayers rely.”

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