Global Tax Deal Will Survive Europe Digital-Tax Plan, OECD Says

  • Group’s head says he’s confident ‘way forward’ will be found
  • U.S. concerned over EU plan to impose digital-services levy
OECD Sees Global Minimum Accord Improving Tax System: Cormann
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The European Union’s plan to propose a new digital-services tax is unlikely to undermine global talks aimed at eliminating such levies, according to the head of the international group spearheading the discussions.

“I know for a fact that the European Union is very conscious of the importance of this deal on international tax reform,” Mathias Cormann, secretary-general of the Organization for Economic Cooperation and Development, said Thursday in a Bloomberg Television interview.