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U.S. Treasury’s Yellen cites need for compromise on digital service taxes in call with French counterpart – Metro US

U.S. Treasury’s Yellen cites need for compromise on digital service taxes in call with French counterpart

FILE PHOTO: U.S. Treasury Secretary Janet Yellen answers questions during
FILE PHOTO: U.S. Treasury Secretary Janet Yellen answers questions during a Senate Appropriations Subcommittee hearing

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen, in a call on Friday with French Finance Minister Bruno Le Maire, stressed the importance of reaching a compromise on the withdrawal of digital services taxes, the Treasury Department said in a statement.

Yellen also conveyed appreciation for Le Maire’s dedication to the effort of reforming the global tax system, the statement said.

(Reporting by Eric Beech; Editing by Leslie Adler)