U.S. Still Wants Optional OECD Tax Plan—But Don’t Call It That (1)

The U.S. hasn’t backed away from its call to make part of the OECD’s global tax rewrite something companies can elect into—but the idea won’t be called “optional” in OECD negotiations, a Treasury official said.

“The U.S. has not changed its position on this issue,” Chip Harter, deputy assistant secretary for international tax affairs at the Treasury Department, said at a D.C. Bar event in Washington Thursday. “We still believe that for any multilateral agreement to be useful, the U.S. needs to be able to actually implement it through Hill action, so we continue to explore permutations that would facilitate ...