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Nearly 140 countries have agreed to extend tax talks after the pandemic outbreak and US hesitation before the presidential election squashed hopes of reaching a deal this year

Collapse of tax talks could cost $100 billion - OECD

The global economy could shed more than 1% of output if international talks to rewrite cross-border tax rules break down and trigger a trade war, the OECD said today, after countries agreed to keep up negotiating to mid-2021.

Business • 12 Oct 20

Pascal Saint-Amans said bigger countries will benefit more from the proposed tax reforms than smaller countries like Ireland

Ireland 'will not be a winner' from global tax reform

Ireland will not be a winner from the proposed reform of the global digital and corporation tax system, the man leading the process at the Organisation for Economic Co-operation and Development (OECD) has said.

Business • 22 Sep 20

The EU is ready to go it alone with taxing digital services of firms like Google, Amazon, Facebook and Apple

EU ready to go it alone on taxation of digital firms

France said a US decision to quit global talks on how to tax big digital firms such as Google, Amazon and Facebook was a "provocation".

Business • 18 Jun 20

The OECD said the expected revenue gains were broadly similar across high, middle and low-income economies"

OECD says new corporation tax rules could yield $100bn

Rewriting cross-border corporate tax rules could increase governments' tax revenues by up to 4%, or $100 billion annually, the Organisation for Economic Cooperation estimated.

Business • 13 Feb 20

The rise of Amazon, Facebook and Google has strained existing tax rules to the breaking point

140 governments agree to launch rewrite of tax rules

Nearly 140 governments have agreed to launch a rewrite of decades-old cross-border tax rules for the digital age over the coming months, the Organisation for Economic Cooperation said today.

Business • 31 Jan 20

Emmanuel Macron and Donald Trump have agreed to hold off on a potential tariffs war until the end of 2020

Macron and Trump declare truce in digital tax dispute

French President Emmanuel Macron said he had a "great discussion" with US President Donald Trump over a digital tax planned by Paris and said the two countries would work together to avoid a rise in tariffs.

Business • 21 Jan 20

EU Trade Commissioner Phil Hogan has said the bloc would 'stand together with France' in the dispute with the US

Paris, US have 15 days to settle digital tax row

France and the US have given themselves 15 days to settle a dispute over the taxation of US tech giants, French Finance Minister Bruno le Maire said today.

Business • 07 Jan 20

French Finance Minister Bruno Le Maire said the members of the G7 have expressed 'serious worry' about Facebook's Libra plan

G7 ministers reach consensus on taxing digital giants

G7 finance ministers meeting in France have today agreed a plan for taxing digital companies such as Facebook and Google that will set a minimum level of taxation for them.

Business • 18 Jul 19

G20 finance officials agreed there was an urgent need for the introduction of a digital tax over the weekend

Digital tax timeline emerging as talks continue

Over the weekend, top G20 finance officials agreed there was an urgent need for the introduction of a digital tax.

Business • 10 Jun 19

The US-China trade war continues to cloud the global economy with no end in sight

G20 to tackle US-China trade war, digital tax

Top financial policymakers from the world's 20 most powerful nations gather this weekend in Japan as a protracted US-China trade war clouds the global economy with no end in sight.

Business • 07 Jun 19

French Finance Minister Bruno Le Maire said they are determined to implement a tax on the largest digital companies

France sticking to guns over digital tax plans

France is to stick to plans for a tax on digital giants such as Facebook and Apple, despite displeasure in the United States and a lack of agreement across the EU.

Business • 05 Apr 19

Global reforms on tax matters have proven very hard to reach because of widely differing interests among states

EU ditches digital tax plan, to work for global reform

European Union governments today scrapped a plan to introduce an EU-wide digital tax as some states opposed it, the Romanian presidency of the EU said.

Business • 12 Mar 19

Finance Minister Paschal Donohoe said the proposed new digigal tax would set a negative precedent for Europe

EU digital tax plan appears to flounder

A European Union plan to tax big internet firms like Google and Facebook on their turnover was on the verge of collapsing today after several EU governments rejected it and announced national initiatives instead.

Business • 06 Nov 18

Jean-Claude Juncker was speaking in Strasbourg

Juncker defends EU plans for new digital tax

European Commission President Jean-Claude Juncker has defended plans for a new digital tax for global technology companies.

Business • 30 May 18

Digital Tax