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Global Tax Deal Will Survive Europe Digital-Tax Plan, OECD Says

July 8, 2021, 3:44 PM

The European Union’s plan to propose a new digital-services tax is unlikely to undermine global talks aimed at eliminating such levies, according to the head of the international group spearheading the discussions.

“I know for a fact that the European Union is very conscious of the importance of this deal on international tax reform,” Mathias Cormann, secretary-general of the Organization for Economic Cooperation and Development, said Thursday in a Bloomberg Television interview.

“They are also very conscious of not doing anything that would undermine the success of that international tax reform. And I’m very confident that through further conversations ...

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