Daily Tax Report ®

France Contests Legal Basis for Digital Tax Sanctions: Le Maire

Dec. 3, 2019, 10:03 AM

French Finance Minister Bruno Le Maire says EU will be ready to react strongly to U.S. sanctions in response to digital tax.

  • “We do not want to have any new sanctions because we think that it is not fair and also that between allies, between the U.S. and France, we should not have a policy of sanctions and retaliation. This is bad for our political relationship and growth and the economic recovery everywhere in the world”
  • France is ready to withdraw national tax as soon as there is solution
  • “France is ready to adopt this international solution, the OECD solution,...

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