WASHINGTON, D.C. (June 30, 2025) – Today, a Nareit spokesperson released the following statement regarding the United States and its G7 allies reaching an understanding that the Pillar 2 global minimum taxes developed by the Organisation for Economic Co-Operation and Development (OECD)/G20 Inclusive Framework taxes should not apply to U.S. companies.
“Nareit thanks the Trump Administration for its leadership in working to ensure that foreign countries’ Pillar 2 global minimum taxes will not unfairly hit U.S. companies. The crucial agreement reached in the G7 rightly takes into account the United States’ well-established, adaptive, and robust tax system. This agreement is an important step toward reaching a solution that provides multinational REITs and other U.S. corporations with the stability and certainty they need to operate, and to continue to conduct and expand their businesses for the benefit of communities and investors worldwide.”