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Bisbils between Americans and Europeans on digital taxation

2021-07-09T01:09:14.240Z


EU tax bill irritates Washington as G20 finance ministers meet in Venice. They may have a date in Venice, but their discussions shouldn't be as romantic as a gondolier serenade. The finance ministers of the G20 (the nineteen richest countries in the world and the European Union) meet, Friday and Saturday, for the first time in person since February 2020. Among the subjects on the menu, they must endorse the agreement reached last week in 130 countries under the aegis of


They may have a date in Venice, but their discussions shouldn't be as romantic as a gondolier serenade.

The finance ministers of the G20 (the nineteen richest countries in the world and the European Union) meet, Friday and Saturday, for the first time in person since February 2020. Among the subjects on the menu, they must endorse the agreement reached last week in 130 countries under the aegis of the OECD on a minimum tax of 15% for multinationals.

If the arrival at the beginning of the year of the Biden Administration at the White House made it possible to unblock negotiations that had been bogged down for four years, the United States and Europe are not at the end of their confrontations.

To read also:

Bruno Le Maire and Olaf Scholz: "For the first time, Europe acts united"

The Europeans will challenge US Treasury Secretary Janet Yellen to give them assurances that Congress is not going to derail the deal promoted by Joe Biden.

The game is far from won due to the hostility of the Republicans.

For his part, Yellen could try

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Source: lefigaro

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