This week in tax: US treasury secretary defends global minimum tax

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings
Direct Tax

This week in tax: US treasury secretary defends global minimum tax

Sam Sholli
May 03 2024
Pillar two is revising global tax competition with a 15% minimum tax rate

It comes as the US remains uncommitted to the pillar two rules; in other news, ‘Bitcoin Jesus’ faces charges over tax evasion and false tax returns

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

NewsUnited StatesDirect TaxOECDUnited NationsIrelandNigeriaPillar Two
MicrosoftTeams-image.png
Sam Sholli
Senior Reporter ITR
Contact
more across site & shared bottom lb ros

More from across our site

Direct Tax
Washington DC Capitol view on cloudy sky background
Ex-US Supreme Court advocate convicted on 12 counts in tax trial
Tom Goldstein, who was represented by US law firm Munger, Tolles & Olson, denied wilfully cheating on his taxes and blamed errors on his staff
Sam Sholli, February 26 2026
Transfer Pricing
Suited figure pointing to audit among various hexagonal icons
TP documentation in a fragmented world: how to limit audit triggers
Multinationals face rising TP scrutiny as global rules diverge. As Daniel Moalusi argues, strong, consistent documentation is now essential to minimise audit risk and protect tax positions
Daniel Moalusi, February 26 2026
Direct Tax
Elizabeth-Beastrom resized.jpg
‘Tax at breaking point’: Thomson Reuters’ AI tech hits one million users
The profession is fundamentally restructuring itself around what tax and accounting work should be, a Thomson Reuters leader told ITR
Sam Sholli, February 24 2026
Direct Tax
Gdansk, Poland - May 8, 2022: Logo and sign of Deloitte, multina
Deloitte unveils €20bn EMEA combination
The big four firm is consolidating 16 entities across the region to create a single 6,000-partner behemoth
Tom Baker, February 24 2026
Indirect Tax
brazil-4803308.jpg
The IBS and why it changes everything in Brazil’s consumption tax system
Brazil’s tax reform unifies consumption taxes to simplify rules, centralise administration and reduce legal uncertainty
Wesley Fragas, February 24 2026
Direct Tax
Stuttgart, Germany - 06-19-2022: Cellphone with logo of American consulting company Alvarez and Marsal LLC on screen in front of website. Focus on center-right of phone display.
A&M Tax launches dedicated pillar two, TP team in Saudi Arabia
The ever-expansive firm has once again attracted a former ‘big four’ talent to lead the new offering
Tom Baker, February 23 2026
Direct Tax
France India
India and France sign updated tax treaty in ‘significant development’
The amended double taxation avoidance agreement removes France’s most favoured nation status for tax treaty benefits
Sam Sholli, February 23 2026
Indirect Tax
US tariffs
‘Refunds likely to be a mess’: US Supreme Court strikes down Trump’s tariffs
The levies extended beyond the president’s ‘legitimate reach’, the Supreme Court ruled
Sam Sholli, February 20 2026
Direct Tax
Aerial view of Christ and Botafogo Bay from high angle.
A taxing week: Despite major tax reform, Brazil’s hiring slowdown should come as no surprise
While Brazil’s consumption tax overhaul led to a short-term spike in tax advisory demand, we are now in a period of ‘normalisation’ marked by decreased recruitment
Sam Sholli, February 20 2026
Direct Tax
BDO
This week in tax: BDO UK and BDO Ireland rubber-stamp $1.5bn merger
The expanded firm will comprise roughly 8,500 employees, including 550 partners; in other news, Paul Hastings and Macfarlanes made senior tax hires
Sam Sholli, February 20 2026
Gift this article