G7 Agreement on Global Minimum Tax & U.S. Tax Bill Revision
In June 2025, G7 leaders struck a groundbreaking accord that exempts U.S. and U.K. companies—already subject to domestic minimum taxes like the U.S. CAMT—from additional international top-up taxes under the OECD’s Pillar Two framework. This marks a significant development for multinational businesses operating across borders.
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