I just stumbled on this executive order which hasn't been reported here... It has huge significance on the global stage.
The OECD is a global standard setting body primarily focused on monitoring of assets and tax. They are working on a two pillar approach to basically implement a global system of taxation.
"Don't worry" (TM), it's only for big companies so it doesnt apply to you. For now.
Well, one of the presidential orders withdrew the US from the primary tax treaty. Living in a non-US jurisdiction, this is very big news. I am actually quite excited about this one. I hope other countries follow this example.
