US, India Extend Digital Tax Truce to June 30 as Deadline Approaches

US, India Extend Digital Tax Truce to June 30 as Deadline Approaches

The United States and India have extended a standstill agreement on U.S. retaliation over India’s digital-services tax until Sunday, aligning it with a fast-approaching deadline for a global deal to reallocate taxing rights on the world’s biggest and most profitable companies, the U.S. Treasury said on Friday. In a brief…