French finance minister says the battle over digital tax is not over yet

  • 📰 CNBC
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Bruno Le Maire, the French finance minister, said his country had accepted a postponement of the tax payments to the end of 2020.

. Paris argued that digital firms were paying little to no tax; but the United States said the levy was particularly "burdensome" for American firms and Washington threatened to impose tariffs on French products.

Speaking to reporters at the World Economic Forum, Bruno Le Maire, the French finance minister, said his country had accepted a postponement of the payments to the end of 2020. "In exchange of this postponement … the U.S. accepts to suspend the sanctions against France," Le Maire said. However, this is not the end of their dispute. Both agreed to develop an international framework for digital taxation at the OECD level, but they disagree on how to shape it. The United States believes companies should be able to decide whether to reallocate a portion of their corporate profits, whereas France believes the system should be compulsory.

"We still need to have a clear understanding of what will be the working basis at the OECD. And we want this basis to be solid, credible and fair. An optional basis would not be credible," Le Maire said.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Trump and Macron agree to ceasefire on contentious French digital tax - Business InsiderThe fight began in July when France approved a 3% tax on revenue generated by large digital companies operating within the country.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

Trump and Macron agree to ceasefire on contentious French digital tax - Business InsiderThe fight began in July when France approved a 3% tax on revenue generated by large digital companies operating within the country.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »