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G-7 Leaders Want Digital Tax Consensus By 2020

By Natalie Olivo · June 12, 2018, 4:45 PM EDT

Heads of the leading industrial nations have signaled support for reaching an agreed-upon approach for tackling taxation in the digital economy by 2020, though they stopped short of committing to specifics at a summit last weekend.  

Following a high-level summit in Charlevoix, Quebec, over the weekend, the heads of seven leading industrial nations — known as the G-7 — issued a communique that included support for combating tax avoidance, including addressing the impact of digitalization. Although they did not stake out the details of a...

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