ECONOMY - FINANCE - BUSINESS / Taxation

Threat of American retaliation for French digital tax has been ruled out, according to Bruno Le Maire

Brussels, 27/08/2019 (Agence Europe)

Reassured by the Franco-American agreement reached the day before to ease tensions over the French “GAFA tax”, the French Finance Minister, Bruno Le Maire, said on Tuesday 27 August on LCI that the threat of American reprisals had been “dismissed”. On Monday evening, on France 2, French President Emmanuel Macron also assured that the agreement “pacified” relations and removed the threat.

The agreement reached on the margins of the G7 summit in Biarritz (see EUROPE B12313A3)...