US forges ahead on US$1 billion tariff plan over digital taxes

US forges ahead on US$1 billion tariff plan over digital taxes

The Edge Markets - World·2021-04-06 05:04

The duties are in response to countries that are imposing taxes on technology firms that operate internationally such as Amazon.com Inc and Facebook Inc.

WASHINGTON (April 5): The US is pressing ahead with plans to hit six nations that tax internet-based companies with retaliatory tariffs that could total almost US$1 billion annually.

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