Emmanuel Macron, Donald Trump discussed need for broad digital tax dealhttps://indianexpress.com/article/world/emmanuel-macron-donald-trump-discussed-need-for-broad-digital-tax-deal-5855831/

Emmanuel Macron, Donald Trump discussed need for broad digital tax deal

The exchange - which partly centered on Iran and the upcoming summit of the G7 group of rich nations in August - came after Trump earlier said he would hit France with "substantial reciprocal action" after Paris announced a tax that will affect US technology companies.

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French President Emmanuel Macron and US President Donald Trump discussed the need for broad digital tax deal over a telephonic call. (Francois Guillot/Pool via Reuters)

France’s Emmanuel Macron discussed the need for an international agreement on taxing digital service companies with US President Donald Trump in a call on Friday, the French president’s office said.

The exchange – which partly centered on Iran and the upcoming summit of the G7 group of rich nations in August – came after Trump earlier said he would hit France with “substantial reciprocal action” after Paris announced a tax that will affect US technology companies.

“The president also underlined that the G7 summit would be an important opportunity to move towards a universal taxation of digital activities, which is in our common interest, and which we need to keep working on in order to obtain a broad international agreement,” Macron’s office said.