By: Aime Williams
The US has said that digital taxes in Spain, Austria and the UK are discriminating against American tech companies, paving the way for tariffs and setting the scene for transatlantic trade conflict as the Biden administration takes power.
By: Guy Chazan
German finance minister Olaf Scholz has said he will seek a deal with the incoming Biden administration on global rules for corporate taxation, as hopes rise in Berlin that the end of the Trump presidency will usher in a new era of multilateral co-operation.
By: Stephanie Soong Johnston, Ryan Finley
One way to simplify the OECD’s overly complex global minimum tax plan and lighten administrative burdens is for tax administrations to identify low-risk jurisdictions with appropriate tax bases and rates, businesses and tax advisers said.