
The European Commission backed on Tuesday a call from the Treasury Secretary for a global minimum corporate tax, but said its rate should be decided in talks in the OECD.
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The European Commission backed on Tuesday a call from the Treasury Secretary for a global minimum corporate tax, but said its rate should be decided in talks in the OECD.
US Trade Representative Katherine Tai has said she was maintaining the threat of US tariffs on goods from Austria, Britain, India, Italy, Spain and Turkey in retaliation for their digital services taxes.
France will require online technology giants to pay a new "digital tax" on their 2020 earnings, the finance ministry said Wednesday, despite Washington's warning that it could retaliate with new tariffs on French impo...
The European Union should press ahead with plans for a bloc-wide digital tax in case global talks at the OECD to rewrite international tax rules fail, French Finance Minister Bruno Le Maire said on Wednesday.
Negotiators from nearly 140 countries will ask Washington this week to reaffirm political support for global rules to tax digital giants after the coronavirus and looming U.S. elections stalled the process.
France accused the United States on Wednesday of seeking to undermine international talks to update cross-border taxation for the digital age and urged Europe to prepare an EU tax if the negotiations fail.
The United States on Friday unveiled heavy import duties on France in retaliation for the country's tax on American tech giants, but will hold off on collecting the fees to allow time for the dispute to be resolved.
The U.S. Trade Representative's office said on Tuesday it was launching a "Section 301" investigation into digital services taxes adopted or under consideration by a number of U.S. trading partners.
Efforts to introduce global rules on taxing digital giants like Google , Amazon and Facebook should not be derailed by the coronavirus crisis, German Finance Minister Olaf Scholz said.
Britain said on Monday it would consider opposition to its plan to impose a new digital tax on big tech companies like Amazon as part of its ambition to agree a free trade deal with the United States.