Trump imposes the rest of the world the exemption from American companies

Once again, the threat worked. However, By brandishing in recent weeks the possibility of applying a new tax to foreign companies. Consequently, nicknamed “Tax of revenge”, the United States has obtained a major decline in other G7 countries on a tax subject that has irritated Donald Trump since his return to the White House: that of the taxation of multinationals, and more specifically of the minimum world tax on the 15 % of which was adopted in 2021 by 2021 140 countries, under the aegis of the Organization trump imposes rest world exemption for Economic Cooperation and Development (OECD). Moreover, Already entered into force in 2024 in a good number of states. Similarly, including those of the European Union but also in the United Kingdom, Canada and Japan, this tax constituted a first step in the fight against unfair tax competition between States.

Eager to share this American victory. Scott Bessent, the American secretary to the Treasury, announced it on Thursday, June 26 in the evening on the social network X. “After months of productive dialogue with the other countries of the OECD international tax agreement. we will announce a joint declaration with the G7 countries, which will defend American interestshe wrote. (…) OECD Pillar 2 Pillar [c’est-à-dire la taxation minimale mondiale de trump imposes rest world exemption 15 %] will not apply to American companies. »» The information was confirmed. Friday, June 27, at Monde by Bercy and by the OECD, while the G7 finalized a press release project that The world was able to consult.

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