Global Tech Tax Gains Steam After Nations Set December Goal (1)

Jan. 31, 2020, 10:07 AM UTC

The threat of a new transatlantic trade war diminished after 137 countries agreed to continue negotiations aimed at creating rules for taxing multinational technology companies that receive foreign revenue.

Officials meeting at the Organization for Economic Cooperation and Development in Paris agreed to convene again in July in Berlin to continue talks seeking to clinch a global accord by the end of 2020, according to a Friday statement.

Jose Angel Gurria
Photographer: Jason Alden/Bloomberg

“It is more urgent than ever that countries address the tax challenges arising from digitization of the economy, and the only effective way to do that is to continue advancing toward ...

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