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Pillar two

But tax professionals will need to invest a lot of energy and money when controversy arises, according to a head of tax and trade compliance speaking at an ITR conference in London.
The global minimum rate also won’t entirely stop a race to the bottom, according to a tax director speaking at an ITR conference in London.
Tax isn’t just done in the tax department anymore, the Deloitte survey stressed.
The US could lose over $120 billion in tax revenue by 2033 should the rest of the world adopt the OECD’s pillar two framework in 2025, according to a congressional committee.