U.S. drops push for ‘safe harbor’ in OECD tax talks

The U.S. will no longer push to make new international tax rules optional for companies, dropping a position advocated by the Trump administration that isolated the U.S. in negotiations aimed at addressing the digital economy’s place in the international tax system, according to Germany’s finance minister, The change in the U.S. stance comes after Treasury Secretary Janet Yellen met with other G20 Finance ministers on Friday. The U.S. and more than 130 other members of the Organization for Economic Cooperation...