Global Negotiators Tussle on Revenue Threshold in Tax Talks (2)

Global negotiators attempting to rewrite tax rules for the digital era are tussling over a threshold for corporate revenue as one of the criteria to resolve the thorny issue of how to tax globe-trotting U.S. tech giants like Amazon.com Inc. and Facebook Inc.

European officials are considering a proposal from Joe Biden’s administration to make companies with at least $20 billion in annual revenue pay more of their tax bill in places they operate, while being less enthused that the U.S. offer would limit levies to just 100 firms, according to people familiar with the discussions.

Negotiators also continue to ...