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Talks on digital tax with U.S. remain difficult - France's Le Maire

Europe Materials 21 January 2020 13:15 (UTC +04:00)
France’s Finance Minister Bruno Le Maire said on Tuesday talks with the United States on the taxation of digital companies “remained difficult”
Talks on digital tax with U.S. remain difficult - France's Le Maire

France’s Finance Minister Bruno Le Maire said on Tuesday talks with the United States on the taxation of digital companies “remained difficult” despite a pledge from the two countries to avoid a trade war until at least the end of this year, Trend with reference to Reuters reports.

Le Maire said the truce agreed on Monday by French President Emmanuel Macron and U.S. President Donald Trump was a “very positive starting point” but now the two countries had to reach a compromise on how to tax digital activities at global level.

He said the target remained to impose a minimum tax rate on companies which at the moment pay no levies.

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