Thu. Dec 1st, 2022


The Real News Network

France ready to hear U.S. proposal on digital tax

1 min read

French Finance and Economy Minister Bruno Le Maire speaks during the G20 finance ministers and central bank governors meeting in Riyadh

RIYADH (Reuters) – France is ready to listen to the U.S. administration’s proposal of offering U.S. companies a “safe harbor” from a new, international digital tax, its finance minister said on Saturday, while admitting that he still didn’t know what that meant in practice.

“I’m not in a position to tell you what it (a safe harbor) really means,” Bruno Le Maire told journalists on the sidelines of a G20 summit in Saudi Arabia. “(But) it’s fair and useful to give all the attention to this new proposal.”

(Reporting By Francesco Canepa)