Multinationals expecting to be affected by the OECD’s digital tax talks anticipate double-taxation despite the organization’s attempts to reach global consensus.
“From a taxpayer’s perspective, I worry that even at the end of BEPS 2.0 we will continue to see a proliferation of unilateral taxes,” Liz Chien, vice president of global tax at Ripple Labs Inc., said Oct. 4 at the American Bar Association tax section meeting in San Francisco.
The Organization for Economic Cooperation and Development will publish next week a paper on a “unified approach” to new tax rules that determine how multinationals’ taxable profits are allocated among...