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President Trump made clear on his first day in office that the Biden Administration’s OECD global tax deal would have no force or effect in the United States. The revised GloBE Information Return delivers on a key element of President Trump’s international tax agenda by putting the side-by-side framework into operation. It ensures that U.S.-headquartered companies remain subject to U.S. global minimum taxes, not overlapping foreign regimes, while significantly reducing unnecessary reporting and compliance burdens. By respecting U.S. tax sovereignty and lowering compliance costs for American businesses, these new rules mark another important step toward restoring certainty and stability to the international tax system.