Failure to find a multilateral solution on the taxation of the digital economy would make fresh regional or unilateral measures “almost unavoidable,” a senior European Commission official said Thursday.
US enthusiasm to find a breakthrough on the first pillar of the OECD Inclusive Framework’s global tax framework appears to have “receded” since the start of the year, Benjamin Angel, director of direct taxation for the European Commission, told a panel at the 2026 CFE Forum.
Pillar One aims to redistribute a portion of the profits of the world’s largest multinationals to countries where sales are made, rather than where ...
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