EU Warns Against Further Delays in Global Tax Talks

European Union (EU) officials are giving the Organization for Economic Cooperation and Development (OECD) until mid-2021 to achieve consensus on a global digital tax plan, but will go it alone if that target date is missed. The OECD convened a two-day meeting last week to jumpstart discussions among 137 countries on a global tax overhaul… Read more »

Window Closing in OECD Digital Tax Talks

After U.S. officials withdrew from months-long international negotiations on a global digital tax plan over the summer, the Organization for Economic Cooperation and Development (OECD) is attempting to build consensus this week on a tweaked plan. The OECD convened a two-day meeting starting today to jumpstart discussions among 137 countries on a global tax overhaul… Read more »

Global Digital Tax Plan Rewrite Taking Shape

After U.S. officials effectively withdrew from months-long international negotiations on a global digital tax plan, the Organization for Economic Cooperation and Development (OECD) said this week it will offer some changes for consideration in October. The OECD has been trying to reach agreement among nearly 140 countries on a global tax overhaul to address how… Read more »

U.S. Pulls Out of Digital Tax Talks

The U.S. government has withdrawn from months-long international negotiations on a digital tax deal that Trump administration officials believe would unfairly target large U.S.-based tech companies. The Organization for Economic Cooperation and Development (OECD) has been trying to reach agreement among nearly 140 countries on a global tax overhaul to address how “consumer-facing” digital giants… Read more »

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 »