Washington — The Computer & Communications Industry Association joined 10 trade associations in a letter to U.S. officials expressing concern with Canada’s planned digital services tax aimed at U.S. companies. The letter notes that Canada’s tax appears inconsistent with Canada’s participation in the OECD/G20 Two-Pilar Solution and its trade obligations with the United States. CCIA…
Washington — G20 leaders endorsed the new global tax agreement following the conclusion of the Summit in Rome. G20 ministers had tasked the OECD to undertake this broader tax reform initiative initially and today’s endorsement is therefore an important milestone. More than 130 countries reached consensus on a two pillar solution and historic global tax…
Washington — The Computer & Communications Industry Association offered examples to the U.S. Trade Representative as it prepares its annual report on trade barriers affecting U.S. exporters. The National Trade Estimates (NTE) report, to be released in 2022, provides a country-by-country overview of trade barriers U.S. companies currently face. CCIA’s 2021 filing includes restrictions on…
Washington — The U.S. Department of Treasury has released a Joint Statement from the United States, Austria, France, Italy, Spain, and the United Kingdom regarding a compromise on digital services taxes (DSTs) in light of the October 8 OECD/G20 Inclusive Framework announcement. Under the agreement, the countries will work together to roll back digital taxes…
Washington — G20 Finance Ministers met in Washington DC today and endorsed the new global tax agreement reached by negotiators at the Organization for Economic Cooperation and Development meeting last week. G20 ministers had tasked the OECD to undertake this broader tax reform initiative initially and today’s endorsement is therefore an important milestone. More than…
Brussels, BELGIUM – At a Organization for Economic Cooperation and Development (OECD) meeting Friday more than 130 countries reached consensus on an historic global tax reform agreement for the 21st Century. The agreement, which comes after years of negotiations, includes a minimum corporate tax rate with the largest corporations additionally paying taxes in all jurisdictions…
Brussels, BELGIUM – Negotiators from over 130 countries are expected to work out the blueprint on global tax reform through the Organization for Economic Cooperation and Development (OECD) Friday. The breakthrough comes after years of work to update the international tax system to the 21st Century. The agreement includes a minimum corporate tax rate with…
Washington — The first meeting of the Trade & Technology Council remains, despite recent rumblings, scheduled to take place next week in Pittsburgh. At the conclusion of the EU-U.S. Summit in June, parties announced a recommitment to the transatlantic partnership to address global trade challenges, and the creation of a high-level EU-US Trade and Technology…
Washington — The Computer & Communications Industry Association has released a white paper on the national security implications of several House-passed bills aimed at a handful of U.S. tech companies as they compete with foreign companies. These bills were introduced in June 2021 and were marked up without legislative hearings or input from stakeholders, particularly…
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