The US government could explore a number of options to address the issue of untaxable overseas profits that have been held forever: a. Tax Reform: To reduce the incentive for companies to hoard their profits abroad, by introducing tax reforms. Reducing the corporate tax rate or offering tax incentives to bring foreign earnings back to the United States could be part of this. To stimulate domestic economic growth, these measures could induce companies to invest in foreign countries. b. Anti-Deferral Mechanisms: Introducing mechanisms to counter deferral tactics by levying taxes on specific categories of foreign income, irrespective of repatriation. This could entail the adoption of a global or territorial tax framework that would subject all foreign income to US taxation while allowing for an offset against taxes paid in other countries. c. Strengthen transfer pricing rules: to prevent multinational companies from artificially diverting their profits into low tax jurisdictions through intra-corporate transactions, by implementing Bolstering Regulations on the Transfer Pricing of Securities (Sec. 482). More stringent enforcement, increased documentation requirements, and enhanced transparency in transfer pricing practices could be part of this. d. Minimum taxation: To ensure that multinationals are subject to the basic tax irrespective of where their income