UN Tax Talks Persist Despite Trump’s Hard Line on Global Deals

The Trump administration’s rejection of multilateral tax deals has strengthened the resolve of nations driving negotiation of a new tax treaty at the United Nations, while forcing others to rethink their strategies.

European and industrialized nations so far are remaining in the discussions even though they view the process, driven by developing economies, as flawed, while Latin American governments must now weigh a growing threat of US retaliation, tax lawyers and experts from those regions said.

African countries and other developing countries, on the other hand, are less concerned with possible US pushback, according to groups engaged in UN discussions ...