Leonid Bershidsky, Columnist

U.S. Tech Giants Have Disrupted Global Tax Systems

Governments lag in collecting revenue from digital businesses.

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Photographer: Milos Bicanski/Getty Images
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Greece, that hotbed of worst economic practices, has provided a perfect illustration of one of the biggest problems facing governments: In a world that's increasingly unified by technology, the fiscal systems are still designed for 20th-century business models.

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