European Commission likely to delay putting forward digital levy plan: FT

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman/File Photo/File Photo

(Reuters) - The European Commission is likely to delay putting forward its plans for a digital levy until the autumn to try to improve the chances of a global corporate tax reform deal, the Financial Times reported on Sunday.

The European Commission had come under pressure from U.S. Treasury Secretary Janet Yellen to shelve its digital tax proposal, the newspaper said, citing people familiar with the discussions.