That US Trade Representative (USTR) said the Digital Services Tax adopted by the three countries “discriminates against US companies, inconsistent with applicable principles international taxation, and burdens or restricts US trade. “
However, “USTR is not taking any specific action in light of the current findings, but will continue to evaluate all available options.”
The decision was taken on the same day that a 25 percent tariff on $ 1.3 billion worth of French goods, including cosmetics and handbags by high-profile brands, will go into effect in retaliation for tech firms targeting the country’s taxes.
France and other European countries imposed levies after intense public pressure to make US multinationals pay a larger share of their income in taxes in the countries in which they operate.
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