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The One Big Beautiful Bill Act (OBBBA) and the Future of U.S. International Taxation: Strategic Insights for Multinational Enterprises

  The One Big Beautiful Bill Act (OBBBA) represents one of the most significant recalibrations of U.S. international taxation in recent years. While the legislation’s domestic provisions have drawn much attention, its international tax changes—spanning from retaliatory measures to structural reforms—carry profound implications for multinational enterprises (MNEs). For corporate tax leaders, understanding OBBBA’s four key...

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