- Thread starter
- Staff
- #1
Dadparvar
Staff member
- Nov 11, 2016
- 10,695
- 0
- 6
US Trade Representative (USTR) Robert Lighthizer said Tuesday that the Trump administration will investigate several countries over the implementation of taxes on digital services, which are suspected to discriminate against US companies.
Initiating a Section 301 investigation under the Trade Act of 1974 will give the USTR broad authority to respond to a foreign country’s actions. The investigation will cover the EU, India, Brazil and others.
In a press release, Lighthizer stated that US President Donald Trump is “concerned that many of our trading partners are adopting tax schemes designed to unfairly target companies,” and thus are “prepared to take all appropriate action to defend our business and workers against any such discrimination.” If found to be unfair or discriminatory, the US would be able to impose punitive tariffs on digital services.
The post Trump administration to investigate EU and other countries implementing taxes on digital services appeared first on JURIST - News - Legal News & Commentary.
Continue reading...
Note: We don't have any responsibilities about this news. Its been posted here by Feed Reader and we had no controls and checking on it. And because News posted here will be deleted automatically after 21 days, threads are closed so that no one spend time to post and discuss here. You can always check the source and discuss in their site.
Initiating a Section 301 investigation under the Trade Act of 1974 will give the USTR broad authority to respond to a foreign country’s actions. The investigation will cover the EU, India, Brazil and others.
In a press release, Lighthizer stated that US President Donald Trump is “concerned that many of our trading partners are adopting tax schemes designed to unfairly target companies,” and thus are “prepared to take all appropriate action to defend our business and workers against any such discrimination.” If found to be unfair or discriminatory, the US would be able to impose punitive tariffs on digital services.
The post Trump administration to investigate EU and other countries implementing taxes on digital services appeared first on JURIST - News - Legal News & Commentary.
Continue reading...
Note: We don't have any responsibilities about this news. Its been posted here by Feed Reader and we had no controls and checking on it. And because News posted here will be deleted automatically after 21 days, threads are closed so that no one spend time to post and discuss here. You can always check the source and discuss in their site.