Grassley: Finance could consider legislation on OECD digital tax findings

The Senate Finance Committee might consider legislation on digital tax policies that is based on solutions suggested by members of the Organization for Economic Cooperation and Development, Chairman Chuck Grassley (R-IA) said on Thursday. U.S. officials and lawmakers have urged other countries to defer to the OECD's processes rather than impose taxes on technology companies, as the European Commission has proposed and some of its member states have done. The European Commission proposed a 3 percent digital services tax that...