1. Proceed anyway with the OECD project, and apply the new rules to US-headquartered corporations.

That would break countries& #39; tax treaties with the US, which most countries won& #39;t be willing to do (and some countries, and the EU itself, can& #39;t legally do).
2. Proceed anyway, but accept the new rules don& #39;t apply to the US.

But, given the significance of US-headquartered multinationals that would render the rules toothless. Worse still, it would give a competitive advantage to US MNEs vs EU and other MNEs.
3. The process falls apart, and we see a plethora of unilateral digital services taxes, turnover taxes etc.

The only real thing these taxes have going for them is that they don& #39;t need the US& #39;s consent - they are outside the scope of tax treaties. Otherwise an unprincipled mess
I& #39;m struggling to see any happy scenario here. My recommended strategy is basically:
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