Before U.S. walked out, OECD talks were focused on American tech giants

Organization for Economic Cooperation and Development negotiations were deadlocked over whether a deal on a new international tax structure would single out U.S. technology companies or apply more broadly to cross-border businesses, leading U.S. negotiators to walk away from the talks, according to industry sources. The U.S. walkout has thrown the future of the talks in doubt, with some of the major players in the negotiations already calling for renewed U.S. participation. “All members of the Inclusive Framework should remain...