Daily Tax Report ®

Trump Says Hopes to Resolve Digital Tax Issue With France

Dec. 3, 2019, 2:52 PM

“It’s either going to work out or we will work out some mutually beneficial tax,” President Trump says during meeting in London with French President Emmanuel Macron.

  • That hypothetical tax would be “substantial,” Trump says, “I’m not sure it’s going to come to that but it might”
  • NOTE: France’s government said the European Union would retaliate if the U.S. follows through on a threat to hit about $2.4 billion of French products with tariffs over a dispute concerning how large tech companies are taxed
  • Trump adds that “digital tax” is least of U.S. woes with France
  • EU has trade...

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