Developing Countries Seek More Benefit From Global Tax Deal (2)

June 10, 2021, 2:00 PM UTCUpdated: June 10, 2021, 4:10 PM UTC

As years-long negotiations on how to tax tech giants like Facebook and Amazon head toward a deal this summer, developing countries still have a list of key issues they want addressed.

Those countries want to avoid dispute resolution procedures with multinational companies and wealthier countries they say threaten their sovereignty, and hope to eke a little more revenue out of the deal.

The Organization for Economic Cooperation and Development’s global tax rewrite is an international effort, bringing an ever-growing list of countries—currently numbering 139—into the talks. Group of 20 finance ministers will meet in July aiming to reach a high-level ...

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