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Daily Tax Report: International

G-20 Leadership Sought for Global Digital Tax Cooperation

June 28, 2019, 4:22 PM

The OECD called for “political leadership” from the heads of the world’s largest economies to find a global digital tax solution.

With a mandate from the Group of 20, the Organization for Economic Cooperation and Development is working for global consensus on a rewrite of tax rules that would shift more revenue to the countries where companies’ consumers are located, and set a global minimum tax rate.

“These are complex and difficult questions,” particularly when they involve reallocating income between countries, the organization said in a letter presented to the heads of state meeting in Osaka, Japan,...

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