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Global Tax Landscape and U.S. Involvement
This chapter examines the implications of the Worldwide Pillar 2 adoption and the consequences of the U.S. not participating in the global tax framework. It discusses the historical context of U.S. multinationals and the challenges posed by Digital Services Taxes, alongside the need for international cooperation. The chapter emphasizes the importance of simplification in tax governance and a hopeful outlook for renewed multilateral efforts under the current administration.