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US Tax Carve-Out Beats Retaliation, OECD Business Rep Says

In this episode of Talking Tax, Christian Kaeser, global head of tax at Siemens AG, told Bloomberg Tax reporter Ryan Hogg that some of his European counterparts regarded the deal as “lopsided” but welcomed new permanent safe harbors that were created with input from Business at OECD, known as BIAC. Kaeser is co-chair of BIAC’s tax committee.

A global minimum tax deal that exempts American companies from key provisions is a better outcome for European business than the alternative of US retaliatory taxes, the co-chair of the OECD’s business committee said.
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Source: Bloomberg Tax News | Published: 2026-01-21T17:01:13Z

Credit: Bloomberg Tax News

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