France Hoping To Resolve Digital Tax Spat This Week: Le Maire

www.oann.com | 1/7/2020 | Staff
rach-rachrach-rach (Posted by) Level 3
PARIS (Reuters) – French economy minister Bruno Le Maire said he hoped to resolve a row with the United States over a planned French digital tax by Wednesday evening of this week.

“We are ready to make steps toward the United States, and we have already proposed a certain number of measures. We hope to reach a resolution by Wednesday,” Le Maire told LCI television on Monday, adding he would meet U.S. counterparts at the Davos World Economic forum in Switzerland this week.

France - July - % - Levy - Revenue

France decided in July to apply a 3% levy on revenue from digital services earned in France by firms with revenues of more than 25 million euros ($28 million) in France and 750 million euros...
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