France: EU should implement DST early in 2021 if no OECD deal is struck

摘要

Posted 9/11/2020. If the Organization for Economic Cooperation and Development cannot forge consensus on a global framework for digital services taxes - a likely prospect - the European Union should implement its own in the first quarter of 2021, France's finance minister said on Friday. Reuters reports that Bruno Le Maire cited the economic crisis sparked by the pandemic as a "new reason to accelerate the work we are doing within the OECD to have a fair digital taxation." "I want to make the things very clear: If it proves to be impossible to get a consensus by the end if this year at the OECD level... we should have, by the beginning of next year, 2021, a European solution for digital taxation," he said, according to the news wire.