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Macron and Trump, to declare cease-fire in the digital tax dispute

The President of france Emmanuel Macron speaks during a tour at the AstraZeneca plant in Dunkerque, France, January 20, 2020. Denis Charlet/Pool via REUTERS

PARIS (Reuters) – the President of france Emmanuel Macron said on Monday he had “great discussions” with the US President, Donald Trump has a digital tax planning in Paris, and said that the two countries have to cooperate in order to prevent an increase in the rates.

Macron, and He agreed to be on a best-value fares war to the end of the year 2020, a French diplomatic source said the negotiations at the Organisation for Economic co-operation and Development (OECD) in the digital tax during that period of time.

“They have agreed to give a chance for negotiations until the end of the year,” the source said. “At that time, there will be no successive charges.”

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France took the decision in July to apply a 3% tax on income from services is earned in France by companies with a turnover of more than € 25 million ($28 million) in France-and a total of eur 750 million around the world. Washington has threatened to impose the tax on French products in reaction to it.

The French authorities have repeatedly stated that an international agreement on digital taxation in the OECD, it would be immediately replaced by the French tax.

The White House said on Monday both He and Macron, it is agreed upon, it is important to complete the successful negotiation of the services to the fund.

Reporting by Michel Rose; additional reporting by Alexandra Alper in Washington; Writing by Benoit Van Overstraeten; Editing by Angus MacSwan, Nick Macfie and Paul Commented

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