minimum corporate tax - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Mon, 30 Jun 2025 22:13:29 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png minimum corporate tax - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 G-7 agrees to exclude U.S. companies from 15% minimum tax https://www.garnertedarmstrong.org/g-7-agrees-to-exclude-u-s-companies-from-15-minimum-tax/?utm_source=rss&utm_medium=rss&utm_campaign=g-7-agrees-to-exclude-u-s-companies-from-15-minimum-tax Mon, 30 Jun 2025 22:13:29 +0000 https://www.garnertedarmstrong.org/?p=47750 June 29 (UPI) — Group of Seven nations agreed to exempt U.S. companies from a 15% minimum corporate tax rate, the countries said in a joint statement. The nonbinding deal was announced Saturday but still requires approval from the 38-member Organization for Economic Co-operation and Development that established the 2021 agreement on taxing companies. G-7...

The post G-7 agrees to exclude U.S. companies from 15% minimum tax first appeared on Garner Ted Armstrong Evangelistic Association.

]]> June 29 (UPI) — Group of Seven nations agreed to exempt U.S. companies from a 15% minimum corporate tax rate, the countries said in a joint statement.

The nonbinding deal was announced Saturday but still requires approval from the 38-member Organization for Economic Co-operation and Development that established the 2021 agreement on taxing companies. G-7 nations are part of the OECED.

U.S. Treasury Secretary Scott Bessent had proposed a “side-by-side solution” for American-headquartered companies that would be exempt from the Income Inclusion Rule and Undertaxed Profits Rule “in recognition of the existing U.S. minimum tax rules to which they are subject.”

Continue reading HERE

Source: https://www.upi.com/Top_News/US/2025/06/29/G-7-exempts-US-companies-15-minimum-corporate-tax/7481751207070/

[Disclaimer]

The post G-7 agrees to exclude U.S. companies from 15% minimum tax first appeared on Garner Ted Armstrong Evangelistic Association.

]]>