The OECD has made some progress in discussions with the US over the organization’s drive against tax evasion. After a meeting of the OECD’s Forum on Harmful Tax Practices in June, the US expressed its support for some of the proposed measures to combat tax evasion. However, the OECD may need to compromise on some of its demands to win full US support for the initiative
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The UK has confirmed its approach to the OECD’s side-by-side deal, but US-parented groups may find pillar two compliance remains far from straightforward
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