“If (the world) wants solid tax revenue in the 21st century, we have to be able to tax the digital economy,” he said. “This French taxation is not directed at any country, or against any company.”He also noted that France will reimburse the tax if the U.S. agrees to the international tax plan. ADLe Maire said France talked this week with the European Commission about EU-wide retaliatory measures if Washington follows through with the tariffs next month. ADThe Office of the U.S. Trade Representative charges that France’s new digital services tax discriminates against U.S. companies. AD“What we want is a plan for international tax that is on the table” at the Organization for Economic Cooperation and Development, Le Maire said.

Source: Washington Post December 03, 2019 08:39 UTC