World’s Largest Economies Can’t Agree on How to Tax Digital Companies

Digital firms face ‘flammable’ tax environment, says OECD

The U.S., Europe and other countries are split on how to tax digital businesses, threatening a rush to impose unilateral charges at a time of rising tensions between the major economies.

Finance ministers from the Group of 20 largest economies will discuss ways to increase taxes from the digital economy during a meeting in Buenos Aires next week. But a report prepared ahead of that gathering by the Organization for Economic Cooperation and Development, which helms a global effort to improve tax rules, said there were “a number...