Examples of Pillar in a sentence
As part of Pillar 1, all parties agreed to remove existing DSTs and other relevant similar measures, and to coordinate the withdrawal of these taxes.
Bypassing this process to override our bilateral tax treaties would irreparably erode the exclusive treaty authority the Constitution provides to the Senate.199In addition, the Senators stated that they were not aware of any prior con- gressional approval to make such an agreement, and they had not been in- volved in any steps of the Pillar One negotiation process.200c.
Approximate Net Revenue Gain from Pillar One117 However, individual counties’ interests may not exactly align with the collective benefits.
Section C suggests avoiding a global trade war even if Pillar One fails and DSTs survive, by offering a case study on France’s DST.
If the E.U. and United Kingdom make the good faith gesture of abandoning the digital tax levy and immediately re- pealing their DSTs, there might be at least a possibility that the U.S. Senate would ratify Pillar One, and that the OECD tax plan would be fully imple- mented throughout much of the world.