Trump Win Raises Pressure on Countries to Rethink Digital Taxes

President-elect Donald Trump’s victory has dialed up the pressure on countries to alter their taxes on US tech firms or risk retaliation.

Countries are “absolutely” feeling the pressure to change their digital services taxes to avoid repercussions from the incoming Trump administration, according to Pascal Saint-Amans, partner at the Brunswick Group and former director at the OECD’s Center for Tax Policy and Administration.

Nations such as Italy, the UK, France, Spain, Austria, Canada, and India must choose between eliminating or tweaking their digital services taxes on companies like Meta Platforms, Inc., Amazon.com Inc., and ...