EU Will Delay Digital Tax Proposal Amid G20 Plans

BRUSSELS-The European Union will delay its proposed digital levy, an EU spokesman said on Monday.

The EU has faced intense U.S. pressure to postpone any announcement until a deal among G20 countries can advance.
The EU has “decided to put on hold our work on a proposal for a digital levy” until October, said the spokesman.

Treasury Secretary Janet Yellen is in Brussels today and tomorrow to discuss the tax deal and lobby against the proposed EU levy, which has been criticized as conflicting with the G20 deal.

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