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US says digital taxes in Spain, Austria and UK are discriminatory

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.

Germany seeks global corporate tax deal with Biden administration

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.

Stakeholders Push for ‘Angel List’ in OECD Minimum Tax Plan

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.