Countries Defining Unilateral Digital Taxes OECD Plan Will Axe

March 25, 2021, 6:43 PM

Negotiators working on a global rewrite of corporate tax rules are debating how to force a rollback of domestic measures aimed at tech giants’ revenue.

Countries are deciding how to define which unilateral measures will be replaced by the OECD-led effort, officials said Thursday at the American Bar Association European conference.

“It can’t be just a list of whatever other countries do that U.S.-based businesses don’t like,” said Mike Williams, director of business and international tax for the U.K. Treasury. “We’re not we’re not going to agree to that. It’s not realistic.”

The Organization for Economic Cooperation and ...

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