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UN Treaty Change Could Fuel Global Digital Tax Discord

Oct. 19, 2020, 6:00 AM

A United Nations committee this week is voting on a new approach to taxing the digital economy that could create another division in the fractured global digital tax debate.

The proposed tax treaty change would give countries a framework for deciding how to tax cross-border digital revenues. The plan’s proponents say it will help developing countries that are disadvantaged in larger global discussions about a digital tax overhaul.

But some developing countries say they would see limited benefits from the proposal, while for companies, the approach may raise concerns about multiple taxation and more disputes.

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