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France Willing to Suspend DST Prepayment Collection to Avoid U.S. Tariffs

|Approved Changes|France-United States
France-United States

France is reportedly willing to suspend the collection of prepayments of digital services tax (DST) that would be due in April and November towards the 2020 DST tax liability. The suspension would be part of an agreement with the U.S. in order to avoid retaliatory U.S. tariffs on French goods. This follows an earlier compromise in August 2019, which included that once international consensus is reached on the taxation of the digital economy and this is implemented, if the amount of tax due in…

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