ITI Responds to Reported Developments on Ongoing OECD Negotiations
WASHINGTON – Today, ITI President and CEO Jason Oxman issued the following statement in response to recently reported developments on the ongoing OECD negotiations on the tax challenges arising from the digitalization of the global economy:
“Global tax policy challenges – like those arising from the digitalization of the global economy – require global tax policy solutions. The proliferation of increasingly expansive, unilateral taxation measures negatively impacts companies of all sizes across a wide range of sectors and economies, and undermines a functioning international tax system. The shifting dynamics of ongoing international negotiations introduce questions about how the situation will progress; however, this complex, cross-border policy issue ultimately requires a multilateral solution.”