G20 finance ministers call for OECD digital tax solution by mid-2021
Finance ministers from G20 countries on Wednesday endorsed a timeline for the Organization for Economic Cooperation and Development to negotiate an agreement addressing digital services taxes by mid-2021, pushing back an end-of-year deadline that stakeholders hoped would deter potential U.S. tariffs. The U.S. and France linked the initial end-of-year deadline for the OECD talks to a deal President Trump and French President Emmanuel Macron struck last year, when the U.S. agreed to delay tariffs on $1.3 billion worth of French...