eprivateclient took a brief look at what’s been going on in Europe…
French President Emmanuel Macron has agreed to refund all digital services tax (DST) paid by US multinationals once a new international system for taxing multinationals in the digital sector is in place. France's 3 percent DST, enacted by the Senate last month, was immediately challenged by Washington, who threatened retaliatory tariffs on imports from France. President Macron's compromise agreement stated that France will “do away with its national tax and everything that has already been paid under the French tax system will...