CCIA Statement on Global Agreement on Tax Reform, Urges Immediate Removal of Digital Services Taxes

Brussels, BELGIUM — The Organisation for Economic Cooperation and Development announced the details of an international tax reform plan negotiated and endorsed by representatives from 130 countries, as part of the OECD/G20 Inclusive Framework. Parties expect to finalise an implementation plan and discuss technical details by October 2021. The Computer & Communications Industry Association has…

CCIA Welcomes US-EU Summit Conclusions, New Trade and Technology Council

Brussels, BELGIUM — U.S. and EU leaders announced a recommitment to the transatlantic partnership to address global trade challenges, and the creation of a high-level EU-US Trade and Technology Council, at the conclusion of today’s EU-US Summit. Leaders also announced a resolution to the long running Boeing-Airbus trade dispute. The Computer & Communications Industry Association’s…

CCIA Welcomes G7 Finance Ministers’ Support for Global Tax Deal

Washington, DC — G7 Finance Ministers today expressed strong support for reaching an agreement this year on global tax reforms through the OECD negotiations.  The G7 Communiqué also committed to a “removal of all Digital Services Taxes, and other relevant similar measures, on all companies.” The Office of the U.S. Trade Representative recently investigated and…

USTR Releases Annual Report Identifying Digital Trade Barriers

Washington — The Office of the U.S. Trade Representative released its annual National Trade Estimates (NTE) report that plays a valuable role in identifying and addressing barriers for internet services and internet-enabled businesses. For the 2021 Report, USTR detailed a number of foreign regulations that pose barriers for U.S. exporters including digital services taxes, regulations…

CCIA Welcomes New Momentum towards Global Tax Reform at G20 Finance Ministers Meeting

Brussels, BELGIUM — A meeting of G20 Finance Ministers today showed strong signs of broad support for reaching an agreement this year on global tax reforms through the OECD  negotiations. This was the first meeting with incoming U.S. Treasury Secretary Janet Yellen, who stated the U.S. “was committed to the multilateral discussions on both pillars…

CCIA: Anticipated U.S. Response To French Digital Taxes On U.S. Companies is Crucial

Washington — In response to French digital taxes aimed at U.S. companies, the U.S. Trade Representative is expected to respond tomorrow with tariffs on $1.3 billion on French products. USTR concluded in its Section 301 investigation that the French tax discriminated against US firms. USTR announced these tariffs last summer, but suspended the collection on…