Capitol Hill Closely Watching Global Tax Rewrite

As talks continue in search of a unified approach to taxing the digital economy, the House and Senate tax-writing committees are concerned about the impact any global tax plan would have on U.S. tax revenue. The Organization for Economic Cooperation and Development (OECD) is seeking consensus from more than 130 countries on a plan for… Read more »

OECD Releases Plan for Global Digital Tax

The Organization for Economic Cooperation and Development (OECD) released a proposal Oct. 9 that it says represents a “unified approach” to taxing the digital economy. The OECD plan is based on allocating more corporate profits to countries where multinational corporations have a large market presence. That means some countries with big consumer bases are going… Read more »