The European Union should press ahead with plans for a bloc-wide digital tax in case global talks at the OECD to rewrite international tax rules fail, French Finance Minister Bruno Le Maire said on Wednesday.
He added that a change of administration in Washington after the Nov. 3 U.S. election would not necessarily lead to a change in the U.S. position, although the new government might be less aggressive with trade retaliation.
“We consider it indispensable that Europe sets an example and adopts digital taxation as soon as possible.”
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