US suspends talks on the European digital tax

Author: Greg Michalowski | Category: News

FT reporting

  • US suspends talks on European digital tax
  • Mnuchin told European ministers tax talks reached impasse
  • US was unlikely to agree even on an interim basis and changes to global taxation law that would affect leading US digital companies
  • Reiterates prior threats to retaliate if countries continued to implement their own digital taxes

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