Global Tax Mess Awaits U.S. Companies, and Congress Isn’t Helping

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U.S.-based multinational companies face a slow-brewing tax squeeze over the next few years. Congress is deadlocked over what to do.

June 17, 2023 12:01 am ETThe global minimum-tax deal U.S. officials helped negotiate in 2021 amounts to a policy milestone for Treasury Secretary Janet Yellen.

WASHINGTON—U.S.-based multinational companies face a slow-brewing tax squeeze over the next few years, and Congress is deadlocked over what to do.Continue reading your article with

 

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