France, US set two-week target for resolving digital tax spat

Washington has threatened to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion after a U.S. government investigation found the French tax would harm American technology companies.“I had a long talk with U.S. Treasury Secretary Steven Mnuchin. We have decided to step up efforts to try and find a compromise, within the OECD, on digital tax,” Le Maire told reporters after a meeting in Paris with EU Trade Commissioner Phil Hogan.

“We gave each other precisely 15 days, until our next meeting, which is planned on the sidelines of Davos at the end of January,” the minister said, referring to the World Economic Forum that is held in the Swiss ski resort.France decided in July to apply a 3% levy on revenue from digital servic…

E-fashion sales strong in March but unpredictable customer behaviour ahead

 But first, the general figures. In a tough period, overall UK online retail sales fell 25.5% year-on-year in March, up against high growth of 57% in March 2021. And importantly, the report came with a warning that there’s a “general sense among retailers that customer behaviour is becoming increasingly unpredictable”.

It noted that “there are strong headwinds facing the sector, with cost-of-living pressures and record high fuel prices affecting consumer confidence as well as increasing operational and supply costs for retailers”.  However, it said month-on-month trading patterns appear to be in line with expectations for this time of year so far, with some weeks weaker than expected and others strongerคำพูดจาก

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