Ministers upbeat about OECD tax deal with new U.S. administration ...Middle East

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Ministers upbeat about OECD tax deal with new U.S. administration
source : Devdiscourse ( Middle East ) () 55
An agreement on rewriting outdated rules for international taxation is within grasp this year as the new U.S. administration of President Joe Biden is more open to a deal, finance ministers said on Thursday. Nearly 140 countries are negotiating the first update in a generation to the rules for taxing cross-border commerce, to account for the emergence of big digital companies like Google , Apple and Facebook.

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