U.S. Starts Probe Into Digital Tax Plans From EU to India (1)

June 2, 2020, 5:36 PM

The Trump administration is starting investigations into digital services taxes considered by several trading partners from the European Union to India that could lead to tariffs being imposed on the countries’ exports to the U.S.

The probe announced Tuesday encompasses digital taxes that have been either adopted or are under consideration in Austria, Brazil, the Czech Republic, the EU, India, Indonesia, Italy, Spain, Turkey, and the U.K., according to the U.S. Trade Representative’s office in Washington. The move seeks to determine whether levies on electronic commerce discriminate against American tech giants like Apple Inc., Alphabet Inc.’s Google and Amazon.com Inc. ...

To read the full article log in. To learn more about a subscription click here.