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France's Macron discussed need for broad digital tax deal with Trump - Elysee
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  • France's Macron discussed need for broad digital tax deal with Trump - Elysee

France's Macron discussed need for broad digital tax deal with Trump - Elysee

Reuters • July 27, 2019, 05:05:31 IST
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PARIS (Reuters) - France’s Emmanuel Macron discussed the need for an international agreement on taxing digital service companies with U.S. President Donald Trump in a call on Friday, the French president’s office said

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France's Macron discussed need for broad digital tax deal with Trump - Elysee

France’s Macron discussed need for broad digital tax deal with Trump - Elysee

PARIS (Reuters) - France’s Emmanuel Macron discussed the need for an international agreement on taxing digital service companies with U.S. President Donald Trump in a call on Friday, the French president’s office said.

The exchange - which partly centered on Iran and the upcoming summit of the G7 group of rich nations in August - came after Trump earlier said he would hit France with “substantial reciprocal action” after Paris announced a tax that will affect U.S. technology companies.

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“The president also underlined that the G7 summit would be an important opportunity to move towards a universal taxation of digital activities, which is in our common interest, and which we need to keep working on in order to obtain a broad international agreement,” Macron’s office said.

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(Reporting by Michel Rose and Sarah White; editing by Diane Craft)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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