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…
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…
Brussels, BELGIUM — U.S. and EU leaders will meet in Brussels June 15 for the EU-US Summit. The agenda includes “COVID-19, climate, trade and investment, technology, foreign affairs, and common values.” The Summit statement is expected to announce a new U.S.-EU Trade and Technology Council, which could help facilitate discussion on items such as artificial…
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…
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…
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…
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…
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