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Digital Tax Talks Need Biden Help to Succeed, Countries Say (2)

Nov. 23, 2020, 6:24 PMUpdated: Nov. 23, 2020, 11:00 PM

Other governments expressed hope Monday that a Biden administration will prove more amenable than its predecessor to a global digital tax rewrite that hinges on U.S. participation.

“Realistically, there is no possible consensus without the U.S.,” said Gael Perraud, deputy director, international taxation and European affairs in the French Finance Ministry. “We need their commitment to implement an international solution, should there be an international solution.”

Officials from the U.K., France, and India said they remain open to a multilateral solution and encouraged countries to reach agreement soon. They were speaking at an event hosted by Oxford’s Said Business ...