OECD releases work program for digital tax solution by the end of 2020

The Organization for Economic Cooperation and Development hopes to develop new global income tax rules by the end of 2020 that would prompt countries to remove digital services taxes and pre-empt the imposition of new ones. U.S. lawmakers and business groups have said digital services taxes unfairly target U.S. technology companies, calling them trade barriers that could violate World Trade Organization rules . The Office of the U.S. Trade Representative identified digital services taxes as trade barriers in its 2019...