The United States secured pledges from five countries to not impose digital services taxes in the last week in its quest to stamp out the growth of the levies through trade deals.
The White House published frameworks on reciprocal trade with Lichtenstein, Switzerland, Ecuador, El Salvador, Guatemala, Argentina last week, with all but Argentina pledging not to implement DSTs in the future.
Switzerland and Liechtenstein jointly agreed a framework with the US on Nov. 14 that would cap tariffs at 15%. As part of the deal, Switzerland and Liechtenstein said they “intend to continue to refrain from imposing digital services ...
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