International tax negotiations in limbo as OECD awaits signals from Biden

Input from President-elect Joe Biden and his team will be essential to propel negotiations on the establishment of a new international tax regime, Organization for Economic Cooperation and Development officials said last week, pointing to progress made to date on a potential multilateral solution. During a Jan. 14 meeting, Pascal Saint-Amans, director of the OECD Centre for Tax Policy and Administration, said “we are, in a sense, in a waiting mode to get signals from the U.S.” Negotiations are being...