U.S. House Ways and Means Chairman Jason Smith and other House Republicans have sent a letter to OECD Secretary-General Mathias Cormann to renew objections to the two-pillar solution and express support for a lawsuit filed by the American Free Enterprise Chamber of Commerce in the Belgian Constitutional Court challenging the undertaxed profits rule (UTPR). The Main text of the letter, dated 17 September 2024, is as follows:
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Dear Secretary-General Cormann:
One year ago, a congressional…