0
Broadband

US announces trade sanctions against 6 countries over digital service taxes

Thursday 3 June 2021 | 08:35 CET | News
The US has announced plans to impose trade tariffs against goods from Austria, India, Italy, Spain, Turkey and the UK in response to their digital service taxes affecting mainly American companies. However, the tariffs are suspended for the moment, in order to allow multilateral negotiations on a new international tax framework to continue at the OECD and G20.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Countries: Austria / India / Italy / Spain / Turkey / United Kingdom / United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

US considers sanctions against UK, Spain, Italy, Austria for digital service taxes

Published 29 Mar 2021 09:23 CET | United States
The US government is moving ahead with possible trade sanctions against Austria, India, Italy, Spain, Turkey and the UK in ...

Tech industry groups call on world leaders to complete internet tax reform

Published 10 Feb 2021 10:51 CET | World
Technology sector organisations have called on world leaders to complete negotiations on reforming the international tax system ...

EU pushes ahead with digital tax plans

Published 20 Jan 2021 10:44 CET | Europe
The EU is moving ahead with plans to develop a new digital tax. The European Commission opened a public consultation to gather ...

France to resume collection of digital service tax amid threat of US sanctions

Published 26 Nov 2020 14:50 CET | France
French tax authorities have started demanding payment of instalments due for the current year under the digital service tax ...

OECD pushes back deadline for new digital tax rules to mid-2021 as talks falter

Published 13 Oct 2020 08:54 CET | World
A new international agreement on taxing large internet companies has been delayed until mid-2021, the OECD announced. The ...

US govt pulls out of international talks on digital tax rules

Published 18 Jun 2020 12:35 CET | United States
The US government has withdrawn from international negotiations on new tax rules designed to improve tax collection from ...

OECD head warns of global trade war risk unless countries agree digital tax approach

Published 12 Jun 2020 10:40 CET | World
The Secretary-General of the OECD, Angel Gurria, has warned that countries need to agree on an approach for taxing global digital ...

US opens unfair trade investigation into digital service taxes

Published 03 Jun 2020 09:38 CET | United States
The US Trade Representative announced the start of an investigation into digital service taxes being imposed in a number of ...