Global digital tax plans delayed to 2024

  • Global digital tax plans delayed to 2024

    Posted by on May 25, 2022 at 11:36 AM

    The Organization for Economic Cooperation and Development has revealed that it now expects its plans to negotiate a global digital tax on firms such as Apple and Google, won't happen in 2023 as hoped.The route to a global digital tax agreement is already years in the making, and has seen multiple about-faces. The US originally backed it, then later withdrew, and the Biden Administration is currently working to gain agreement to join.Similarly, there have been agreements across Europe, yet other EU countries have blocked certain measures.

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