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US tries to delay Europeans’ digital tax bill

This is not the first time that a European digital tax project has encountered obstacles. After a first attempt in 2018 which ultimately failed following the withdrawal of several member states, the United States is once again threatening a renewed plan for this tax.

This must be announced by the European Commission on July 14. But as the deadline approaches, an American document, consulted by AFP, reveals that Washington has asked several European countries to delay this project.

For American diplomacy, the implementation of this tax would risk torpedoing international negotiations aimed at reforming global taxation. Indeed, negotiations involving 139 countries are currently underway at the OECD, in Paris, in order to reach an important preliminary agreement on global taxation, before a meeting of G20 finance ministers, to be held in Venice on the 9th. July.

According to this document, the publication of the European project “could derail the negotiations completely at a delicate timeThe talks are to continue in the hope of a final agreement in the fall.

Although it has not yet been made public, the European Commission insists that the proposed tax would comply with the OECD agreements and that it would affect thousands of companies, including European ones. It is intended to help finance the post-pandemic recovery plan of 750 billion euros voted by the European Union.

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