European countries slam US withdrawal from tech tax talks

0
25
THOMAS ADAMSON Associated Press PARIS (AP) — European countries are slamming the Trump administration's withdrawal from negotiations over a major tax on big tech companies. French Finance Minister Bruno Le Maire, speaking on France Inter, called it a "provocation" and said France will still implement the tax regardless of the U.S. change of heart. Le Maire was referring to a letter in which U.S. Treasury Secretary Steven Mnuchin told the finance ministers of France, Spain, Italy and the United Kingdom that he was suspending talks on the tax. "This letter is a provocation. It is a provocation against all the partners at the OECD (the Organization for Economic Co-operation and Development) when we were centimeters away from a deal on the taxation of digital giants," Le Maire said. In
Subscribe or log in to read the rest of this content.