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JCT Indicates Pillar 1 Is Bad Deal For US, GOP Lawmakers Say

By Dylan Moroses (March 13, 2024, 5:24 PM EDT) -- An analysis of the Organization for Economic Cooperation and Development's Pillar One taxing rights overhaul by congressional scorekeepers makes clear the plan should not receive U.S. support because it would disadvantage U.S. multinationals and federal tax revenue, Republican leaders of Congress' taxwriting committees said Wednesday....

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