OECD sees global digital tax deal pushed back to 2024

The Organisation for Economic Cooperation and Development (OECD) on Tuesday acknowledged for the first time that a global digital tax deal may take a year longer to implement.

The deal, which the OECD had hoped to sign off on in the middle of this year, would give other countries a bigger share of the tax takes on the earnings of big U.S. digital groups such as Apple Inc and Alphabet Inc's Google.

It is the first of two pillars of the biggest overhaul of cross-border tax rules in a generation.