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No global digital tax by end-2020 would mean chaos: France

RIYADH (Reuters) – Failure to reach a global deal on where and how much to tax digital giants such as Google (GOOGL.O), Amazon (AMZN.O) or Facebook (FB.O) would result in many digital tax regimes emerging all over the world, France’s Finance Minister said on S... More »

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Japan criticizes U.S. digital tax proposal at G20

RIYADH (Reuters) – Japanese finance minister Taro Aso criticized on Sunday a U.S. tax reform proposal that he said could undermine global efforts to agree new rules on taxing big tech companies. The Organisation for Economic Cooperation and Development(OECD) i... More »

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EU ready to act alone on digital tax if no global deal in 2020

BRUSSELS (Reuters) – European Union commissioners-designate said the bloc should agree on a digital tax if no deal on the matter was reached at a global level by the end of next year, ramping up pressure on multinationals accused of paying too little. In writt... More »

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Macron defuses French digital tax row, Trump coy on wine threat

BIARRITZ, France (Reuters) – France and the United States reached a deal to end a standoff over a French tax on big internet companies, though U.S. President Donald Trump declined to say whether his threat of a retaliatory wine tax was off the table as a resul... More »

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Macron says France and U.S. reached digital tax deal

BIARITTZ, France (Reuters) – France and the United States have reached a deal to end a standoff over a French tax on big internet companies, French President Emmanuel Macron said on Monday. U.S. President Donald Trump had threatened to hit back with tariff act... More »

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Trump says U.S. could tax French wine in retaliation for digital tax

WASHINGTON/PARIS (Reuters) – U.S. President Donald Trump threatened to tax French wines on Friday in retaliation for France’s recent proposal to levy a tax aimed at big U.S. technology companies. Trump had told French President Emmanuel Macron last week that h... More »

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Trade acrimony could revive ‘stalled’ farm policy reform: OECD

PARIS (Reuters) – International tensions over trade could have a positive outcome for agriculture by reviving efforts to reform the most ineffective of policies that distribute hundreds of billions of dollars to farmers each year, the OECD said. Nearly 70% of ... More »