US Urges Countries To Suspend Digital Taxes
December 4, 2019
2:25 pm
US Treasury Secretary Steven Mnuchin is urging countries like France to suspend taxes on global computing giants such as Google and Amazon and wait for a negotiated agreement on international taxation, according to a letter released Wednesday.
As the United States is poised to impose tariffs of up to 100 percent on $2.4 billion in French products over that country’s digital services tax, Mnuchin said talks in the Organization for Economic Cooperation and Development are key to resolving the issue.
“We believe that it is very important that these talks reach agreement in order to prevent the proliferation of unilateral …
