OECD to agree on basing digital tax on profit margin and revenue

Apple, Amazon and about 100 other large companies would meet the threshold

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Countries and regions negotiating on how to levy a digital services tax are coordinating to ensure that it would apply to Google, Amazon, Facebook and Apple.

MASAYA KATO, Nikkei staff writer

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.

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