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Digital Tax Deal Crucial, Yellen and France’s Le Maire Agree

March 30, 2021, 1:12 PM

U.S. Treasury Secretary Janet Yellen and French Finance Minister Bruno Le Maire have reiterated their support for international efforts to rewrite how the digital economy is taxed.

The Organization for Economic Cooperation and Development is currently working with nearly 140 countries to rewrite international tax rules that govern how tech companies are taxed.

  • The two discussed “the importance of working together toward a solution in the ongoing OECD discussions on international taxation,” according to a U.S. Treasury statement after the two spoke Monday.
  • While France has called for a global deal, it has also created a stopgap ...

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