Organisation for Economic Cooperation and Development readies launch of global digital tax readies

France has accused the United States of trying to undermine international negotiations on updating the cross-border taxation regime; Paris has urged the EU to prepare for an EU tax as a fallback option if negotiations fails. Nearly 140 countries are negotiating the first major rewrite of the international tax framework to account for the rise…

Trump Administration in talks with chipmakers on building semiconductor factories in the U.S.

May 10, 2020 – On Sunday, the Wall Street Journal reported, the Trump’s administration is holding talks with semiconductor companies on building chip factories in the United States. As per the WSJ report, which cites sources familiar with the matter at hand, the Trump administration is in talks with Intel Corp and Taiwan Semiconductor Manufacturing…