United States reportedly withdrawing from talks with EU on digital services tax

United States reportedly withdrawing from talks with EU

U.S. Trade Representative Robert Lighthizer today appeared before the House Ways and Means Committee and, as being widely reported, said that the United States was withdrawing from talks with the European Union about a solution for the taxation of digital services.

1000

Related content

The USTR in early June 2020 announced investigations of digital services taxes either adopted or being considered by certain trading partner countries of the United States. The focus of this investigation is digital services taxes that are viewed as discriminating against U.S. companies as adopted or under consideration by:

  • Austria
  • Brazil
  • Czech Republic
  • European Union
  • India
  • Indonesia
  • Italy
  • Spain
  • Turkey
  • United Kingdom

Comments regarding the investigations are due by July 15, 2020. Read TaxNewsFlash

The USTR previously initiated an investigation regarding the digital services tax enacted in France, and additional tariffs were proposed by the United States but not implemented. Read TaxNewsFlash

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal