January 21, 2020 / 8:24 AM / a month ago

Talks on digital tax with U.S. remain difficult - France's Le Maire

BRUSSELS, Jan 21 (Reuters) - France’s Finance Minister Bruno Le Maire said on Tuesday talks with the United States on the taxation of digital companies “remained difficult” despite a pledge from the two countries to avoid a trade war until at least the end of this year.

Le Maire said the truce agreed on Monday by French President Emmanuel Macron and U.S. President Donald Trump was a “very positive starting point” but now the two countries had to reach a compromise on how to tax digital activities at global level.

He said the target remained to impose a minimum tax rate on companies which at the moment pay no levies. (Reporting by Francesco Guarascio @fraguarascio; Editing by Alison Williams)

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