UPDATE 1-U.S. Treasury chief says talks ongoing after French tax spat

The United States is meeting with technology and other companies as it considers its options following a row with Paris over France’s tax on big internet firms, the U.S. Treasury secretary said on Monday. France and the United States last month had agreed to set aside their differences at the G7 after France said it would apply a 3% levy on digital services revenue on certain companies. U.S. officials have complained that the levy — targeting firms that have more than 25 million euros ($28 million) in revenue in France and 750 million euros ($830 million) worldwide — would unfairly hit American companies such as Facebook , Google and Amazon.

source https://finance.yahoo.com/news/1-u-treasury-chief-says-133234446.html?.tsrc=rss

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