French minister rejects Mnuchin’s pitch for a 'safe harbor' digital tax regime

French Minister Bruno Le Maire on Friday flatly rejected Treasury Secretary Mnuchin’s proposal to make digital tax rules being negotiated at the Organization for Economic Cooperation and Development optional, according to AFP. Mnuchin in a letter on Monday suggested the OECD’s “Pillar One” -- the proposed framework for addressing international digital taxes -- become a “safe harbor” regime, meaning the rules would be optional. “Frankly, I do not believe in the U.S. proposal for an optional solution, where companies choose...