The Rise of Geoeconomic Taxation: How Section 899 Forced a Global Tax Retreat
Negotiations between sovereign governments have long relied on traditional levers of economic statecraft—sanctions, tariffs, and monetary controls—to alter the behavior of counterparties or force strategic compromises. Until recently, domestic tax policy remained strictly within the realm of internal revenue generation, insulated from the gritty mechanics of geopolitical coercion. That bright-line distinction shattered in 2025. The…
