Global Digital Tax Talks Must ‘Slow Down,’ US Official Says (1)

The US isn’t in a hurry to come to a multilateral solution on taxing large tech companies, a Treasury Department official said Tuesday.

“I think we have to slow down and be very cautious about running to a solution,” said Rebecca Burch, deputy assistant secretary for international tax affairs at Treasury.

Speaking at the EU Tax Symposium in Brussels, Burch said negotiators should ask themselves “whether we can, whether we should,” tax digital companies.

Burch warned that any agreement without US consent will simply “not be adopted by the United States.”

“It is clear from this administration that there’s ...