OECD Agreement Would Inflict Harm on Consumers

A proposed digital global tax on large tech corporations will be an important agenda item at the next meeting of G-20 finance ministers and central bankers scheduled to take place on April 7th. If an agreement is reached, member nations would place a new tax on large U.S. tech companies like Apple, Google and Amazon […]

Real Clear Policy: The OECD’s Big Cash Grab

Nearly 140 countries around the world, led by the OECD, are rewriting rules that would tax high-tech and multinational companies. The proposed rules would effectively transfer tax rights between countries, including allocating shares of taxable profits, determining which country should have tax authority, and a minimum tax rate. The current proposal is little more than an opportunistic […]

New International Tax Plan Will Come at the Expense of Consumers

Efforts in the last couple of years to produce a new international tax plan to deal with the growth and effects of the digital economy may soon become a potential windfall for many international governments. As countries struggle across the globe from the COVID-19 health crises and the economic turmoil, these countries find themselves needing […]