Treasury Secretary Scott Bessent is looking to recruit a new "top cop" to police nonprofits that "use and abuse" their charity status to dodge taxes, The Post has learned.

U. S. -based multinationals might be subject to top-up taxes on all income generated in countries that have adopted the Pillar Two framework The OECD Inclusive Framework's Pillar Two tax regime -- which aims to ensure that all multinationals pay a 15% minimum tax wherever they do business -- went into effect in 2024.