US drops key obstacle to global digital tax: Treasury

"Yellen announced at the G20 finance ministers meeting that US officials "will engage robustly" in the talks and "is no longer advocating for 'safe harbor' implementation of Pillar 1," a Treasury official told AFP.

The Trump administration had insisted on a so-called safe harbor clause in the OECD tax that effectively would have allowed big tech companies to comply voluntarily, blocking progress on a deal.

The Organization for Economic Cooperation and Development has been working on a multilateral agreement that would include a global minimum corporate tax rate on tech giants.

In November, some 75 major tech players, including Google and Facebook, backed a French initiative committing them to making a "fair tax contribution" in countries where they operate."

So Google, and other big companies will move to EU and pay the fair tax to get out of the US and the high taxes?

Is this what this is about?

Why pay taxes or buy a business license if the government closes roads and closes businesses?