Talks on tech taxes 'productive': Mnuchin

phys.org | 1/24/2019 | Staff
Les7799Les7799 (Posted by) Level 3
The United States and economic partners held "productive" talks this week on the taxation of major tech giants, US Treasury Secretary Steven Mnuchin said Saturday.

Countries like France, Spain and Austria have announced plans to tax tech companies' revenues outright because the Internet-based companies do not declare profits on a by-country basis.

United - States - Agreement - Organization - Economic

The United States is pushing for an overarching agreement through the Organization for Economic Cooperation and Development, a forum for advanced economies.

Mnuchin told reporters Saturday there had been "lots of productive discussions" on the subject in Washington where finance ministers were gathered for spring meetings of the World Bank and...
(Excerpt) Read more at: phys.org
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