G7 Global Minimum Tax Deal: U.S. Firms Exempted Under Side-by-Side System Explained
G7 global minimum tax deal exempts U.S. multinationals from OECD’s 15% minimum tax under a side-by-side system. Understand the implications, reactions, and exam-focused insights here. G7 Agrees to Exempt U.S. Firms from Global Minimum Tax What the G7 Decided In late June 2025, the Group of Seven nations (Canada, France, Germany, Italy, Japan, the U.K.,…