The new head of the OECD is confident about reaching a global deal on digital services tax.
Incoming OECD Secretary-General Mathias Cormann told the FT a global deal would be important to prevent individual countries imposing a “proliferation of different unilateral measures”.
Cormann said that the failure to reach a deal thus far has created a “Wild West” situation in which countries impose digital taxes that are not in line with international norms.
Source: vatglobal.com