Layla Asali and Rocco Femia will present "International Tax Policy Update: Implications of OECD Developments for U.S. Multinationals," at the TEI Houston International Roundtable on June 9, 2022. This virtual program will discuss topics including:

• The G20/OECD's work on the digital economy and the "Two Pillar" approach to taxing large businesses
• The potential implications of the Pillar Two global minimum tax (GloBe rules)
• The Pillar One reallocation of excess returns for large multinationals and the challenges of implementing Pillar One into U.S. law