OECD to push back to October its target of reaching global agreement on a digital tax plan due to the COVID-19 pandemic
In its attempts to find global consensus in digital tax on tech giants, the OECD will push back to October its target of reaching global agreement on a digital tax. According to Pascal Saint-Amans, the Director of the Centre for Tax Policy and Administration at the OECD, the negotiation timeline for new digital taxation proposals has been impacted by the COVID-19 pandemic. Previously, governments were expected to agree on a set of policies by early July in order to have an implementation plan by the end of 2020.
However, Saint-Amans said that the end-of-year deadline for the overall project is still in place.