OECD warns collapse of digital tax talks could cost $100bn
Nearly 140 countries have agreed to extend talks on key remaining issues, including the scope of businesses to be covered
12 October 2020 - 17:35
Paris — The global economy could shed more than 1% of output if international talks to rewrite cross-border tax rules break down and trigger a trade war, the Organisation for Economic Co-operation and Development (OECD) said on Monday, after countries agreed to keep up negotiating to mid-2021.
Nearly 140 countries agreed on Friday to extend talks, after the pandemic outbreak and US hesitation before the presidential election squashed hopes of reaching a deal this year...
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