By Leigh Thomas
PARIS (Reuters) - Negotiators from nearly 140 countries will ask Washington and its G20 partners this week to reaffirm political support for global rules to tax digital giants after the coronavirus and looming U.S. elections stalled the process, officials said.
The hard-fought talks over how to tax digital behemoths, such as Google <GOOGL.O> and Facebook <FB.O>, are part of the biggest overhaul of international tax rules in a generation, conducted under the stewardship of the Organisation for Economic Cooperation and Development (OECD).
Negotiators are due on Thursday and Friday to wrap up months of talks on rewriting cross-border tax rules for the age of digital commerce, including a global minimum corporate tax rate.
But agreement remains elusive after high-level backing needed to finalise a deal this year has drained away ...
Read More on Datafloq
No comments:
Post a Comment