Top Tweets for #PillarOne
- Germany releases updated guidance on permanent establishment status.
- Other developments concerning Australia, Hong Kong, Indonesia, Philippines, Singapore, EU, Guernsey, Netherlands, UK, Bahrain, Canada, US, OECD, and treaties.
https://t.co/FZo9LgIQ37
#ITB #pillarone
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#ITB #internationaltax #pillarone #pillartwo #GloBErules
- Other developments concerning OECD, Australia, China, India, Malaysia, Singapore, Austria, EU, Finland, France, Hungary, Ireland, Switzerland, Turkey, UK, South Africa, Kuwait, Brazil, US, and treaties.
https://t.co/FZo9LgIQ37
#ITB #internationaltax #pillarone #pillartwo
๐ง๐ต๐ฒ ๐๐ฟ๐ฎ๐ป ๐๐ฎ๐ฟ ๐ถ๐ ๐ป๐ผ๐ ๐ฎ ๐ ๐ถ๐ฑ๐ฑ๐น๐ฒ ๐๐ฎ๐๐ ๐๐๐ฟ๐ฎ๐๐ฒ๐ด๐.
It is the opening move of a four-part grand strategy published in December 2025 that most people never read. I did. You can now too...
Here is what it actually says. ๐๐
#PillarOne. The @POTUS Trump Corollary to the Monroe Doctrine. Secure the "Western Hemisphere". Deny non-hemispheric competitors access to strategic assets in the Americas. Push China out of Latin American ports and infrastructure. Capture Venezuelan oil. Control the Panama Canal. Venezuela was politically captured before the first bomb dropped on Tehran. The Panama Canal was reclaimed from Chinese operators in January.
Pillar One was executed BEFORE the war started.
#PillarTwo. Rebalance alliances. @NATO pays more or loses the guarantee. Japan and South Korea check China or lose US protection. Allies are no longer partners. They are clients who pay for services rendered. Saudi Arabia just had that lesson demonstrated when Project Freedom was blocked from Prince Sultan Airbase. The security guarantee has a price list now.
#PillarThree. Establish strong denial of defense along the First Island Chain. South Korea, Japan, Philippines, Malaysia. Prevent China from accessing the Pacific. Control the Strait of Malacca. 80% of China's oil imports transit it. The Indonesia defense partnership signed April 13 is not a bilateral agreement. It is a toll booth. Iran losing Hormuz revenue. China facing Malacca leverage. Both chokepoints moving toward American control simultaneously.
That is not coincidence.
That is the American strategy.
#PillarFour. Reindustrialize the American manufacturing base. Reshore critical defense production. The Pentagon went to Detroit. Lockheed, Raytheon, General Dynamics told to shift to wartime footing. Tomahawk production accelerated. Munitions factories coming back online for the first time in a generation.
The US fired more than 1,000 Tomahawks in the first month of the Iran war. Replacing them takes ยฑ36 months. The reindustrialization strategy was supposed to precede the war. It is running simultaneously instead.
๐ช๐ต๐ ๐๐ต๐ฒ ๐๐ฟ๐ฎ๐ป ๐๐ฎ๐ฟ ๐ฐ๐ผ๐ป๐๐ถ๐ป๐๐ฒ๐ ๐ฟ๐ฒ๐ด๐ฎ๐ฟ๐ฑ๐น๐ฒ๐๐ ๐ผ๐ณ ๐ฐ๐ฒ๐ฎ๐๐ฒ๐ณ๐ถ๐ฟ๐ฒ ๐ฎ๐ป๐ป๐ผ๐๐ป๐ฐ๐ฒ๐บ๐ฒ๐ป๐๐.
Each pillar of this strategy requires a DIFFERENT outcome from the Iran war.
Pillar One needs Iranian oil to flow to American-controlled supply chains. Not Iranian-controlled ones.
Pillar Two needs Gulf states dependent on American security. Not self-sufficient through Pakistani troops and Chinese weapons.
Pillar Three needs Hormuz and Malacca both under American enforcement architecture. Not an Iranian toll booth running in yuan.
Pillar Four needs a war large enough and long enough to justify forcing Detroit back onto a defense manufacturing footing. A two-week air campaign does NOT do that.
Chinese analysts read the 2025 NSS correctly: Trump is not abandoning hegemony. He is making it leaner, cheaper and more durable by locking in the existing security status quo in East Asia while opening a new front in supply chain encirclement against China.
#Iran is not the destination of this strategy.
Iran is the demonstration.
The audience is #Beijing.
The message is: this is what happens to the node at the center of your energy and trade architecture when Washington decides the arrangement needs to change.
The Iran war does not end when Iran surrenders.
It ends when China recalculates.
And China has not recalculated yet.
I look beyond the headlines and make sense of the nuances. If this gave you signal worth keeping, like and pls consider following ๐๐
#Japanโs NTA released guidance announcing Japan will not implement #PillarOne #AmountB; taxpayers must continue to use existing #transferpricing methods to establish arm's-length prices. https://t.co/N4AJ0uOMNW
Watch the highlights in todayโs ITB!
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#itb #internationaltax #pillarone #pillartwo #GloBErules
#Turkiye announced #BEPS #PillarOne #AmountB will not be applied in Turkiye; as a result, Turkiye will not acknowledge implementation of Amount B in any jurisdiction with which it does not have a valid tax treaty. https://t.co/kj4iL8qLET
Watch the highlights in todayโs ITB!
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#itb #internationaltax #pillarone #pillartwo #GloBErules
The #OECD released a fact sheet and automated tool for #BEPS #PillarOne #AmountB. https://t.co/UiqQNHduhU
The #Netherlands has published a #PillarOne #AmountB Decree, confirming commitment to accept the outcome of application of Amount B by covered jurisdictions with which it has tax treaty for both legal entities and permanent establishments. https://t.co/H2OAg65Lkm
The G20 recently highlighted their continued support for #BEPS 2.0 and #internationaltax cooperation; the October 2024 OECD Secretary-General Report offers an update on #PillarOne and #PillarTwo. https://t.co/4Hk2kwJVqf
1/ ๐ฐOur impact assessment of the @OECD Pillar One Amount A has recently been published in @ITAXjournal
w/ @MonaBarake
Who are the winners/losers from this partial implementation of global formulary apportionment?๐งถ
#TaxReform #PillarOne
๐https://t.co/64ac49ge0j
Itโs time to dive into EU Tax Focus! IBFD has just released a new set of EU Tax Focus notes focusing on recent EU developments.
Access them now! (no subscription required): https://t.co/uU5yMjMXpM
#EUtaxlaw #EUTaxFocus #PIT #specialtaxregimes #PillarOne
Indiaโs 2% equalisation levy abolished: from bad to worse for some?
https://t.co/ZjnxtA7tiz
#internationaltaxreview #internationaltax #tax #taxpolicy #pillarone #indiatax #lakshmikumaransridharan
G8 chat โฆ@NavyLeadersโฉ on challenges & value of #PillarOne #AUKUS โฆโฉ โฆ@RichardMarlesMPโฉ โฆ@PatConroy1โฉ @FirstSeaLordโฉ โฆ@BabcockAusNZโฉ @BAES_Maritimeโฉ โฆโฆ@Babcockplcโฉ โฆโฆ@RollsRoyceโฉ โฆ@JohnHealey_MPโฉ https://t.co/5hm7SnUq6a
The #OECD/G20 Inclusive Framework on #BEPS released further guidance on BEPS 2.0 on 17 June 2024, including an administrative guidance and a Q&A document on #PillarTwo, together with the supplementary guidance on #PillarOne. More: https://t.co/UrfmHwEill
#OECD and country officials offered insights on the #BEPS 2.0 #PillarOne and #PillarTwo project and other tax work, at an annual conference. https://t.co/6jQMY1eKYw
Watch the highlights in todayโs ITB!
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#itb #internationaltax #pillarone #pillartwo #GloBErules
EY analyzes the recently released series of #OECD/G20 Inclusive Framework documents on #BEPS #PillarOne Amount B and #PillarTwo. https://t.co/uUNVnSusA9
Watch the highlights in todayโs ITB!
Not a subscriber yet? You can sign up for our free trial by emailing us at [email protected] or join our subscription plans: https://t.co/lM7tnoxJ1r.
#itb #internationaltax #pillarone #pillartwo #GloBErules
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