U.S. Risks Losing Money by Forgoing OECD Deal: Former Official

Logo: Bloomberg Law

By Isabel Gottlieb

Congress would be “leaving money on the table” if the rest of the world agreed to the OECD’s digital tax plan without the U.S., a former Treasury official said. Even if the U.S. didn’t sign on, its large companies would likely still face the effects of the OECD’s proposed “Amount A,” said Lafayette “Chip” Harter, who served as deputy assistant Treasury secretary for international tax affairs until late last year. 

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By Isabel Gottlieb, posted on Friday February 19, 2021
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