US and France have reached a deal on digital tax, Macron says

The U.S. and France have struck a deal to settle their differences over a French digital tax on big tech companies, French President Emmanuel Macron said on Monday. Under the deal, France will eliminate its 3% tax once a new international agreement on digital taxation is reached, Macron said. The companies that pay France’s tax will be reimbursed once the international agreement is in place, he added. “We’ve done a lot a work on the bilateral basis, we have a deal to overcome the difficulties between us,” Macron said, speaking alongside U.S. President Donald Trump.