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Britain and France suggest phased approach to global digital tax talks

Jun 26, 2020 - Reuters Canada

PARIS (Reuters) - Britain, France, Italy and Spain suggested a “phased approach” to unblock global digital taxation talks in a joint letter to U.S. treasury secretary Steven Mnuchin last week, rebuffing his call for a pause in negotiations.

Mnuchin’s suggestion of a break has fuelled European concerns about Washington’s commitment to reach a deal this year on the first major rewriting of cross-border tax rules in a generation.

In the absence of a global agreement, the U.S. ...