UK says it still wants global digital tax as U.S. quits talks

FAN Editor
The flags of the United States and the United Kingdom stand after bi-lateral photo between U.S. Secretary of State Rex Tillerson and British Foreign Minister Boris Johnson was cancelled at the State Department in Washington
FILE PHOTO: The flags of the United States and the United Kingdom stand after bi-lateral photo between U.S. Secretary of State Rex Tillerson and British Foreign Minister Boris Johnson was cancelled at the State Department in Washington, U.S. March 22, 2017. REUTERS/Joshua Roberts

June 18, 2020

LONDON (Reuters) – Britain will keep pushing for a global solution on taxing international digital companies such as Google and Facebook Inc after the United States left negotiations, a spokesman for the British Treasury said on Thursday.

“We remain committed to a global solution,” the spokesman said.

U.S. Treasury Secretary Steven Mnuchin decided to pull out of talks on digital services taxes with European Union officials after they failed to make any progress, U.S. Trade Representative Robert Lighthizer said on Wednesday.

(Writing by William Schomberg; editing by Michael Holden)

Free America Network Articles

Leave a Reply

Next Post

High penalty count will open game up eventually: Gatland

FILE PHOTO: Rugby Union – Wales v Barbarians – Principality Stadium, Cardiff, Britain – November 30, 2019 Barbarians coach Warren Gatland before the match. Action Images via Reuters/Matthew Childs June 18, 2020 WELLINGTON (Reuters) – Fans should get used to a greater number of penalties in the early stages of […]

You May Like