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EU tax on large digital companies could be hit by March: French Minister




FILE PHOTO – French finance minister Bruno Le Maire leaves the weekly cabinet at the Elysee Palace in Paris, France, December 1[ads1]9, 2018. REUTERS / Philippe Wojazer

PARIS (Reuters) – A European Union tax At the world's top digital companies could be reached By the end of March, French Finance Minister Bruno Le Maire said in an interview published on Sunday.

"We made a compromise offer to Germany in December, and I am convinced that an agreement is within reach between now and the end of March. With the elections to the European Parliament just a few months away, our citizens would think it was incomprehensible if we gave up on this, said Le Maire in the journal Journal du Dimanche.

In December, EU finance ministers failed to accept a tax on digital revenue, despite a recent French-German plan to save the proposal by limiting the focus to companies like Google ( GOOGL.O ) and Facebook ( FB.O ).

Reporting of Sudip Kar-Gupta; Editing by Daniel Wallis

Our Standards: [19659007] Thomson Reuters Trust Principles.



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