OECD deal would ban new digital services taxes, leave removal terms vague

The Organization for Economic Cooperation and Development on Friday announced that the members of its Inclusive Framework have agreed on the principles of a deal that places a moratorium on the implementation of new digital services taxes but includes vague language allowing some members to make the removal of such taxes contingent on U.S. implementation of the pact, according to industry sources. The agreement is the first of its kind in that it would allow countries to tax companies that...