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US decides against retaliation over digital taxes – for now

08.01.2021
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Trade Representative to ‘continue to evaluate all options’

The US Trade Representative (USTR) has said the digital service taxes adopted in India, Italy and Turkey will not result in retaliatory action, says telecompaper.  The statement follows reports published by the US government, which has long argued that the taxes contravene the ‘principles of international taxation’ and create an unfair burden on US companies.  Inquiries continue into taxes proposed or introduced in a number of other countries, including Brazil, Indonesia, the UK and the EU.

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The US Trade Representative (USTR) has said the digital service taxes adopted in India, Italy and Turkey will not result in retaliatory action, says telecompaper.

Region:
Americas
Series:
Regulatory Watch
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