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France sees global tax deal in reach after U.S. pledge

Published 04/06/2021, 09:01 AM
Updated 04/06/2021, 09:05 AM
© Reuters. FILE PHOTO: French Economy and Finance Minister Bruno Le Maire speaks during a press conference in Paris

PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Tuesday a global deal on cross-border taxation was within reach as he welcomed a pledge by U.S. Treasury Secretary Janet Yellen to work on a global corporate minimum rate.

"We welcome the United States' support for minimum corporate tax," Le Maire said in a statement to Reuters, adding he also wanted to make progress with Yellen in international talks to rewrite the rules for cross-border taxation of digital companies.

"A global agreement on international taxation is now within reach. We must seize this historic opportunity," he added.

Latest comments

anything that has to do with France and taxation is a fail..
anything that has to do with France and taxation is a huge fail!that doddering fool biden..
Higher business income taxes will drastically affect profits. I'm ready to load up on XOUT once the SP500 hits 2200.
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