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Expert Analysis

Prepare For Global Tax Regime's New Biz Dispute Risks

By Tim McCarthy (August 26, 2021, 5:42 PM EDT) -- In July, the G7 and G20 — along with a much larger group of over 130 nations — reached a new agreed framework regarding an overhaul of important parts of the global tax system. The effort is designed to respond both to the continuing digitalization of the world economy, and to the perceptions of many countries that they are losing critical tax revenues to an ongoing race to the bottom in corporate tax rates....

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