Global deal on taxing digital giants is still a divisive issue
US treasury secretary hopes the matter can be resolved by the end of the year
24 February 2020 - 17:23
Ridyadh — Failure to reach a global deal on where and how much to tax digital giants such as Google, Amazon or Facebook would result in many digital tax regimes emerging all over the world, France’s finance minister says.
It is also likely to trigger US retaliatory tariffs, US treasury secretary Steven Mnuchin says, underscoring Washington’s determination to thwart tax rules planned by France and other countries if no global deal is reached...
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