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This Week in Tax

EY feels the brunt of spending $600 million on the now-ditched ‘Project Everest’, while US lawmakers question the Japan deal on EV tax credits.
The European Commission moves to apply a windfall levy on EU electricity firms, while Germany presses ahead with legislation to enforce unilaterally the global minimum tax deal.
Kuwait signed its first tax treaty with a Gulf Cooperation Council country, while the IRS and Western Digital have settled a $1.6 billion transfer pricing dispute.
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