At the annual meeting of the IMF held in Washington from Friday 13 to Sunday 15 October, France and the United States managed to move their positions close together on fighting money laundering, but their views continue to diverge on the taxation of the Internet giants.
The solution called for by France to ensure that Internet giants pay tax where value is created - a turnover tax - did not convince the American Secretary to the Treasury, Steven Mnuchin, who described the tax as...