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Ban on national digital taxes extended to buy time for OECD deal

Countries agree another 18 months to pass global measures on levies aimed at big tech — though Canada balks
Canada’s refusal to approve the extension sets up a clash with the US, where many of the world’s biggest technology companies are based

More than 130 nations have extended a controversial ban on taxes aimed at corporate technology giants by another year to 2025, as they wrestle to introduce landmark measures that update the international tax system for the digital age.

After three days of talks at the OECD’s Paris headquarters, most of the countries approved a statement that unveiled fresh details on plans to make the world’s largest 100 companies pay more tax where they do business.

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