President Donald Trump declared that the global tax deal “has no force or effect” in the U.S. in one of a pair of new tax and trade-related directives.

President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement negotiated by the Biden administration with nearly 140 countries.

On his first day in office, Donald Trump abandoned the Global Tax Deal, and it could have lingering effects for Canadians

In an executive order Monday, President Trump asked federal agencies to explore potential retaliatory measures for any taxes deemed discrimina

President Donald Trump on Monday signed an executive action declaring that the global minimum corporate tax deal supported by the Biden administration and negotiated with more than 100 other countries has "no force or effect" within the U.

Former Treasury Secretary Janet Yellen was a driving force behind talks led by the OECD that resulted in more than 130 countries agreeing to implement global tax rules in 2021.

US president pulls out of OECD global tax treaty, dismissing it as having ‘no force or effect,’ jeopardizing an initiative that could generate up to $32B in global tax revenue, particularly aiding low

Among the first Presidential actions was an executive order on Monday night effectively pulling the US out of the landmark 2021 OECD Global Tax Deal negotiated by the Biden administration with nearly 140 countries including India.

PRESIDENT Donald Trump on Monday declared that a global corporate minimum tax deal “has no force or effect” in the US, effectively pulling America out of the landmark 2021 arrangement negotiated by the Biden administration with nearly 140 countries.