PARIS (Reuters) - Finance Minister Bruno Le Maire said on Saturday France would proceed with its tax on the revenues of big technology firms and urged the United States not to bring trade tariffs into the debate on how to fairly raise levies on digital services.
Le Maire was responding to U.S. President Donald Trump’s threat to tax French wines in retaliation for France’s digital services tax, which Trump says unjustly targets U.S. companies.
“It’s in our interest to have a fair digital tax,” Le Maire told reporters. “Please do not mix the two issues. The key question now is how we can we get consensus on fair taxation of digital activities.”
Reporting by Richard Lough; Editing by Mark Potter