US trade action, digital tax tensions
New Section 301 investigations targeting structural overcapacity and related trade practices point to a renewed US tariff push to restore fair competition andsupport domestic manufacturing, backed by a stronger legal footing with no expiration. Divisions over digital taxation are also widening, as the US calls for a reset of Pillar One and the EU considers its own approach.
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As Ireland prepares for its EU presidency, tax policy is expected to focus on simplification and strengthening competitiveness across the bloc. At the same time, Ireland is reinforcing its R&D regimeand innovation incentives to support growth and keep key sectors like financial services competitive in a post–Pillar Two world.
IN THIS EPISODE
Peter Reilly, Tax Policy Leader, PwC Ireland
Will Morris, Global Tax Policy Leader, PwC
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