Welcome

U.S. OECD Pitch Puts Down Opening Bid to Roll Back Digital Taxes

April 12, 2021, 3:02 PM

The Biden administration wants countries working on an OECD-led effort to overhaul global tax rules to agree to shut down digital levies aimed at U.S. tech giants.

The U.S.'s plan last week sparked new optimism for nearly 140 counties to reach agreement on a plan this summer. But the administration’s call to end unilateral measures in countries like France, the U.K., Italy, and India could meet resistance as negotiators try to define the types of taxes to roll back, observers say.

“It reflects the fact that, presumably, one of the U.S.’s primary goals, if not its paramount goal, is to ...

To read the full article log in. To learn more about a subscription click here.