Global Tax Deal Boosts US Allure for Companies Weighing a Move

A growing number of foreign multinationals are exploring whether to relocate their parent companies to the US, with interest spurred in recent weeks by a deal struck at the OECD exempting American businesses from key parts of the 15% global minimum tax.

Other countries had feared the deal would prompt such inversions, and conversations on the subject are indeed happening, tax practitioners say.

The OECD deal, called the side-by-side regime, is just the latest in a number of incentives, including expanded access to capital, for companies to consider changing their corporate structure.

Foreign companies are “definitely” thinking about redomiciling, said ...