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Germany

The country’s chancellor appears to have backtracked from previous pillar two scepticism; in other news, Donald Trump threatened Russia with 100% tariffs
The global minimum tax deal is not viable without US participation, Friedrich Merz has argued
Indirect tax professionals now rate compliance as a bigger obstacle than technology and automation; in other news, Italy approved a VAT cut on art sales
The reduction would still ‘leave room’ for pillar two and further reductions would be possible, one expert tells ITR
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