Countries negotiating an overhaul of international tax rules this week punted on tackling some contentious issues, including the rate for a global minimum levy.
In meetings on Thursday and Friday, countries didn’t discuss unanswered questions around several major issues, including a rate for a global minimum tax or how to coordinate its interaction with the U.S.'s minimum tax, the global intangible low-taxed income (GILTI) rules, sources familiar with the discussion said.
Negotiators instead focused on finalizing language in the most recent version of a blueprint of an OECD plan that will be released publicly Monday and sent to Group of ...