TREASURY WELCOMES THE REVISED GLOBE INFORMATION RETURN IMPLEMENTING PRESIDENT TRUMP'S DAY ONE EXECUTIVE ORDER

WASHINGTON, Sept. 11 -- The U.S. Department of the Treasury issued the following news release:

The U.S. Department of the Treasury today welcomed the release of the revised GloBE Information Return (GIR) (https://www.oecd.org/en/publications/tax-challenges-arising-from-the-digitalisation-of-the-economy-globe-information-return-september-2026_0f9da895-en.html), an important step to implementing President Trump's international tax agenda and delivering a historic victory on a Day One Executive Order to address the Biden Administration's proposed Organization for Economic Co-operation and Development (OECD) global tax deal for American companies.

"President Trump made clear on his first day in office that the Biden Administration's OECD glob...