European countries reach digital services tax deal with U.S

FILE PHOTO: A view shows the financial and business district of La Defense and the Grande Arche building-monument in La Defense, near Paris, France, September 16, 2021. REUTERS/Gonzalo Fuentes

PARIS (Reuters) - Austria, Britain, France, Italy, Spain and the United States reached an agreement on Thursday on the transition from national digital services taxes contested by Washington to a new global tax deal, they said in a joint statement.

The European countries agreed to withdraw their national digital services taxes in line with a deal reached among nearly 140 countries earlier this month on new rules for international corporate taxation.