Editorial Roundup: United States
• 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. • The movement seeks to challenge the existing offshore network and rules that have historically shielded American companies from foreign taxation. • 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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