Editorial Roundup: United States
β’ An African-led coalition, supported by India and Brazil, is pushing for new international rules that allow countries to tax value created within their own economies. β’ The movement seeks to challenge the existing offshore network and rules that have historically shielded American companies from foreign taxation. β’ This shift is significant because African nations are insisting on consensus and majority rule, effectively denying the U.S. and other wealthy nations a veto over the proceedings.
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