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Digital tax row: US suspends additional tariffs on India, 5 other countries

Digital tax issue: US suspends additional tariffs on India, 5 other countries

Highlights New Delhi said the postponement of tariffs is similar to the DST investigation on France. Tai stated that the US is focused on finding a multilateral solution to a range of key issues related to international taxation. New Delhi: The US on Wednesday announced tariffs on six countries, including India, that have imposed or are considering equalisation levy/digital services tax on e-commerce companies but immediately suspended the taxes for up to six months to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and G20. United States Trade Representative (USTR) Katherine Tai, in a statement, announced the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by Austria, India, Italy, Spain, Turkey and the UK.

US suspends tariffs on six trading partners for digital service tax negotiations

WASHINGTON - The United States on Wednesday announced that it will impose tariffs on certain goods from Austria, Britain, India, Italy, Spain and Turkey over disputes on Digital Service Taxes (DSTs), while noting that it will suspend tariffs for six months for multilateral negotiations.

Big Boost For Global Fight Against COVID: US Announces Support To India-Led Proposal At WTO To Waive IP Protections For Vaccines

Big Boost For Global Fight Against COVID: US Announces Support To India-Led Proposal At WTO To Waive IP Protections For Vaccines by Swarajya Staff - May 6, 2021 02:37 AM President Biden addressing the joint session of US Congress (Representative image) (Pic Via Twitter) In a big boost for global fight against Coronavirus pandemic, the United States has announced its support to a proposal by India and South Africa at World Trade Organisation (WTO) to temporarily waiver intellectual property protections for Covid-19 vaccines. United States Trade Representative (USTR) Katherine Tai on Wednesday (5 May) released a statement announcing the Biden-Harris Administration’s support for waiving intellectual property protections for COVID-19 vaccines.

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