OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Wyden Statement on Treasury OECD Proposal

Statement

By: Ron Wyden
By: Ron Wyden
Date: April 9, 2021
Issues: Taxes Trade

Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement on Treasury's new OECD proposal:

"I have long had two goals for the OECD process: ending discriminatory DSTs, and enacting a global tax system that treats U.S. companies fairly. Treasury's new proposal has the potential to achieve both those goals. When looking at the total effects of both Pillar 1 and Pillar 2, Treasury's proposal could be the basis for a global deal. Importantly, this proposal could support necessary reforms to U.S. tax laws, ensuring our multinational corporations are incentivized to invest in the United States and pay their fair share."


Source
arrow_upward