PARIS – In a meeting with the Organization for Economic Co-operation and Development (OECD), the international association coordinating the global tax deal, members of the House Ways and Means Committee, led by Chairman Jason Smith (MO-08), made clear that countries that try to use the OECD global tax deal to steal away American jobs and tax revenues can expect economic consequences in the future. Chairman Smith was joined in the meetings by the following Committee members:| Ways and Means
On April 24, 2024, Ways and Means Committee Chairman Jason Smith (MO-08) and Tax Subcommittee Chairman Mike Kelly (PA-16) announced the formation of ten Committee Tax Teams, comprised of Ways and Means Republican members, to study key tax provisions from the 2017 Trump tax cuts that are set to expire in 2025 and identify legislative solutions that will protect Americans from a multitrillion dollar tax increase.| Ways and Means