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Daily Tax Report: International

U.S. Will Use Trade Powers to Deter Unilateral Digital Taxes

Sept. 11, 2019, 12:24 PM

Up to 24 governments could be in the firing line of punishing U.S. trade policies if they go ahead with their individual digital tax plans, a senior U.S. Treasury official warned.

“The U.S. intends to respond to attempts by other countries to impose taxes specifically targeted predominantly at U.S.-based enterprises,” said Chip Harter, deputy assistant secretary for international tax affairs at the U.S. Department of the Treasury, speaking on a Sept. 11 panel at the International Fiscal Association 2019 Congress in London.

  • There are 24 digital services taxes being considered by countries that could hurt U.S. businesses, Harter...
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