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Congressional Research Service Issues In Focus White Paper on International Tax Proposals Addressing Profit Shifting
February 01, 2024
WASHINGTON, Feb. 1 -- The Congressional Research Service issued the following In Focus white paper (No. IF11874) on Jan. 31, 2024, by economic policy senior specialist Jane G. Gravelle:

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International Tax Proposals Addressing Profit Shifting: Pillars 1 and 2

On June 5, 2021, finance ministers of the Group of 7 (G7) countries, including the United States, agreed in a communique to two proposals addressing global profit shifting. They agreed to Pillar 1, . . .

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