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Global Negotiators Tussle on Revenue Threshold in Tax Talks

(Bloomberg) Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Global negotiators attempting to rewrite tax rules for the digital era are tussling over a threshold for corporate revenue as one of the criteria to resolve the thorny issue of how to tax globe-trotting U.S. tech giants like Amazon.com Inc. and Facebook Inc. European officials are considering a proposal from Joe Biden’s administration. ....

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