Senators Ask Mnuchin to Block ‘Discriminatory’ French Digital Tax

Two top senators on the Senate Finance Committee urged Treasury Secretary Steven Mnuchin to double the corporate tax rate on French companies to discourage France from imposing a digital services tax.

“In recognition of the gravity of this situation, we ask that you consider all available tools under U.S. law to address such targeted, discriminatory taxation,” committee Chairman Chuck Grassley (R-Iowa) and ranking member Ron Wyden (D-Ore.) said in a June 24 letter.

• The lawmakers asked Mnuchin to consider using tax code Section 891 to block France from implementing its digital services tax plan. The code section ...