Policy in practice: US tax reform – unpacking Trump’s tax plans

The Macfarlanes Podcast

The Macfarlanes Podcast
Policy in practice: US tax reform – unpacking Trump’s tax plans
Jan 27, 2025
Macfarlanes

In the latest episode of our policy in practice podcast, David Gauke, Rhiannon Kinghall Were, and Bezhan Salehy discuss President Trump's decision to withdraw the US from the OECD global tax deal, the implications for Pillars 1 and 2, and the potential for future negotiations.

They cover:

  • the background and details of the OECD global tax deal;
  • the US’ objections to Pillar 1 and Pillar 2;
  • digital services taxes (DSTs); and
  • political, fiscal and practical implications, including the likelihood of retaliatory measures and the impact on global trade and tax policy.

If you would like more information or want to discuss any of the topics in this podcast, please get in touch with David, Rhiannon or Bezhan

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