Bloomberg Quotes Peter Barnes on Digital Tax Plan

A global plan to rewrite how the digital economy is taxed could create new conflicts between countries hoping for a bigger bite of multinationals’ profits.

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Peter Barnes, a tax partner at Caplin & Drysdale and a professor at Duke University, said “a more realistic way” to administer the OECD solution would be to use regional organizations for tax disputes, such as the European Union or smaller multilateral organizations.

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