Digital tax dust-upOn digital taxes, Biden will have a chance to press reset from the early days of his presidency. Talks brokered by the Organization for Economic Cooperation and Development in Paris on a global digital tax regime have so far failed to produce an agreement. France delayed collection of its 3% tax on the revenues of tech companies while talks at the OECD were taking place. Here come the regulatorsIt's not the only front on which Europe is trying to hold the biggest American tech companies to account. Because Europe doesn't have tech companies that can compete with Silicon Valley's big names or China's tech champions, the region's response is to try to exert influence through regulation, Eurasia Group's Peker said.

Source: CNN November 12, 2020 08:48 UTC