Tag #Digital Tax

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welt.de

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Apr 5, 16:11

Trump's Tariffs Prompt EU Countermeasures

On Thursday, following President Trump's announcement of new tariffs on EU imports, totaling €380 billion, EU Commission President von der Leyen announced that the EU would take countermeasures, with options ranging from retaliatory tariffs to measures against US tech giants.

Trump's Tariffs Prompt EU Countermeasures

On Thursday, following President Trump's announcement of new tariffs on EU imports, totaling €380 billion, EU Commission President von der Leyen announced that the EU would take countermeasures, with options ranging from retaliatory tariffs to measures against US tech giants.

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What immediate economic consequences will result from Trump's newly announced tariffs on EU goods?

President Trump announced tariffs on all imports, impacting the EU with a 20% levy and China with 34%, significantly impacting global trade. The EU is preparing countermeasures, but their exact nature remains undisclosed. This unprecedented move necessitates a strong response from the EU.

french.china.org.cn

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Feb 22, 10:06

Trump Rejects Global Tax Deal, Imposes Retaliatory Tariffs on Digital Taxes

President Trump announced retaliatory tariffs against countries imposing digital taxes on US tech companies, citing annual losses exceeding $2 billion for American businesses and overruling a previous international agreement.

Trump Rejects Global Tax Deal, Imposes Retaliatory Tariffs on Digital Taxes

President Trump announced retaliatory tariffs against countries imposing digital taxes on US tech companies, citing annual losses exceeding $2 billion for American businesses and overruling a previous international agreement.

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What are the immediate economic consequences of President Trump's decision to impose retaliatory tariffs on countries with digital services taxes?

President Trump announced retaliatory tariffs on countries imposing digital taxes on US tech giants, stating that other countries' digital tax practices are "terrible." The White House estimates these taxes cost US companies over $2 billion annually, with Canada and France collecting over $500 million each.

politico.eu

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Jan 28, 07:10

UK-US Tech Trade Deal Faces Big Tech Opposition

The UK seeks a tech-focused trade deal with the US, but faces opposition from US tech giants who, with Trump's support, may use negotiations to weaken UK digital regulations like its digital services tax and online safety laws, potentially impacting the UK's digital sovereignty.

UK-US Tech Trade Deal Faces Big Tech Opposition

The UK seeks a tech-focused trade deal with the US, but faces opposition from US tech giants who, with Trump's support, may use negotiations to weaken UK digital regulations like its digital services tax and online safety laws, potentially impacting the UK's digital sovereignty.

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What are the immediate implications of US tech giants' opposition to the UK's digital regulations in the context of upcoming trade negotiations?

The UK aims for a tech-focused trade deal with the US, but faces resistance from US tech giants who oppose UK regulations like the digital services tax and online safety laws. These companies, backed by Trump, may leverage trade negotiations to weaken these regulations, potentially jeopardizing the UK's digital sovereignty.

elpais.com

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Apr 2, 10:18

Trump's Return Jeopardizes Global Tax Agreement

Donald Trump's return to power threatens the 2021 global minimum tax agreement and jeopardizes Spain's Google tax, risking US retaliation against countries with unilateral digital taxes, following prior US resistance during his first term and the COVID-19 pandemic.

Trump's Return Jeopardizes Global Tax Agreement

Donald Trump's return to power threatens the 2021 global minimum tax agreement and jeopardizes Spain's Google tax, risking US retaliation against countries with unilateral digital taxes, following prior US resistance during his first term and the COVID-19 pandemic.

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How did the previous Trump administration's actions regarding digital taxes influence the current stalemate, and what role did the COVID-19 pandemic play in this context?

The stalled negotiations on a global digital tax, particularly the "Google tax," highlight the challenges of achieving international consensus on taxation in the digital age. Trump's opposition, echoing previous US resistance, underscores the conflict between national interests and global tax harmonization. Spain, along with other European countries, implemented national digital taxes in the absence of a global agreement.

kathimerini.gr

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Feb 6, 16:14

US Rejects Global Tax Agreement, Sparking Transatlantic Tax Dispute

The Biden administration's rejection of the OECD's global tax agreement on multinational profits is causing a transatlantic tax dispute, potentially leading to retaliatory tariffs and impacting foreign companies and investors in the US economy.

US Rejects Global Tax Agreement, Sparking Transatlantic Tax Dispute

The Biden administration's rejection of the OECD's global tax agreement on multinational profits is causing a transatlantic tax dispute, potentially leading to retaliatory tariffs and impacting foreign companies and investors in the US economy.

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What are the immediate consequences of the US rejecting the OECD's global tax agreement?

The Biden administration refuses to comply with the OECD's global agreement on taxing multinational profits, prompting a transatlantic tax dispute. This could lead to retaliatory tariffs, impacting foreign companies and investors in the US economy. The US Treasury is investigating potentially discriminatory foreign taxes.

Showing 13 to 17 of 17 results