TOKYO -- The Organization for Economic Cooperation and Development is proceeding with a U.S. proposal to set an international rule on what companies are subject to a digital services tax, the intergovernmental organization told about 140 countries and regions participating in the negotiations.
The OECD discussed a number of calculations under the proposal put forward by the U.S. in April. The tax would affect about 100 global companies that exceed a certain standard based on profit margin and revenues.
