Global tax overhaul endorsed by G-20 finance ministers

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Initial enthusiasm for change inspired by the country’s biggest postwar accounting scandal is waning in the face of political opposition.

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Germany’s post-Wirecard audit reform drive starts to lose steam

The U.S. has dropped a key demand in negotiations over digital taxation of technology companies such as Alphabet Inc.’s Google and Facebook Inc., lifting a barrier that had raised transatlantic trade tensions and prevented an international deal.

U.S. drops digital tax demand, opening door to global deal