CCIA Suggests Biden Should Prioritize Curbing 'Discriminatory' Tech Taxes
The Biden administration should prioritize addressing the threat of international discriminatory taxes against U.S. companies, the Computer & Communications Industry Association said Thursday. CCIA noted that the Office of the U.S. Trade Representative released reports in its Section 301 investigations…
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into digital services taxes, concluding that DSTs in the U.K., Spain and Austria are “discriminatory against U.S. tech firms.” CCIA President Matt Schruers said: “Absent a proportionate response, U.S. exports will be unfairly singled out in other countries. Moreover, the proliferation of unilateral national taxes undermines the crucial work being done by the community of nations at the [Organisation for Economic Co-operation and Development], and risks the ability of negotiators to achieve consensus.”