Global tax rewrite could boost governments' revenues by $100 billion, OECD says

PARIS (Reuters) - Rewriting cross-border corporate tax rules could increase governments' tax revenues by up to 4%, or $100 billion (£76.75 billion) annually, the Organisation for Economic Cooperation estimated on Thursday.The OECD offered the estimates as food for thought for the nearly 140 governments that agreed earlier this month to negotiate the first major update international corporate tax rules by the end of the year.Many governments are frustrated that the rise of big internet companies..