Search Results for keywords:"Section 301"

The Office of the United States Trade Representative (USTR) has decided that Turkey's Digital Services Tax (DST) is unfair and discriminates against U.S. businesses, causing problems for U.S. trade. The tax targets companies based on digital services and revenue criteria, disadvantaging American companies. This conclusion came after an investigation and consultations with Turkey, during which public opinions and expert advice were considered. The USTR plans to take further actions under Section 301 of the Trade Act in response to these findings.

The Office of the United States Trade Representative (USTR) has issued a notice regarding Spain's Digital Services Tax (DST), which they believe is unfair and discriminatory against U.S. digital companies. The tax, which Spain enacted to collect fees on certain digital services, is seen as a burden on U.S. commerce and is actionable under Section 301 of the Trade Act. After an investigation and consultations with Spain, the USTR determined that Spain’s DST discriminates against specific U.S. companies and contradicts international tax principles. This ruling will lead to further proceedings to decide potential actions against Spain.

The Office of the United States Trade Representative (USTR) has decided that Italy's Digital Services Tax (DST) is unfair and targets U.S. companies negatively, making it eligible for action under Section 301 of the Trade Act. The tax affects businesses that earn a significant amount of revenue from digital services in Italy, and the USTR believes it unfairly discriminates against U.S. digital companies and is inconsistent with international tax principles. Over 380 comments were submitted during the investigation, and further proceedings will determine what actions to take.

The Office of the United States Trade Representative has determined that Austria's Digital Services Tax (DST) is unfair or discriminatory towards U.S. companies and negatively impacts U.S. commerce. The DST applies a 5% tax on certain large companies' digital advertising revenues within Austria. The U.S. Trade Representative found that the tax discriminates against American digital companies and contradicts principles of international taxation. As a result, they plan to take further actions under Section 301 of the Trade Act to address these issues.

In a recent notice, the Office of the United States Trade Representative (USTR) announced changes to actions related to a Section 301 investigation concerning China's technology transfer and intellectual property practices. These changes include raising tariffs on certain tungsten, polysilicon, and wafer products from China starting January 1, 2025. The new tariffs, part of President's instructions to encourage China to change its practices, will be 25% for tungsten products and 50% for polysilicon and wafers. This decision considers public feedback, which highlights the potential benefits and risks of these tariff increases.

The U.S. Trade Representative has concluded that Vietnam's actions and policies related to currency valuation are problematic for U.S. commerce. They determined that Vietnam's management of its currency, particularly through excessive foreign exchange market interventions, gives it an unfair advantage in international trade. These practices were found to be unreasonable, burden or restrict U.S. trade, and therefore can be addressed under Section 301 of the Trade Act of 1974. The U.S. is considering further actions to address these issues.

The U.S. Trade Representative has decided to change the trade measures in a dispute with the European Union (EU) over airplanes. This change aims to mirror the EU's approach and will add specific products from certain EU countries to the list of items facing extra duties. The decision comes as a response to the EU's similar actions and is intended to push for a fair resolution to the disagreement. The revised measure will take effect on January 12, 2021, and involve products from France and Germany, focusing on addressing subsidies deemed inconsistent with World Trade Organization (WTO) rules.

The Office of the United States Trade Representative (USTR) has issued a notice regarding India's Digital Services Tax (DST). The USTR found that India's DST is unfair or discriminatory and negatively impacts U.S. businesses. This tax applies only to non-resident companies and is imposed on revenue instead of income, which is against international tax principles. Further actions will be considered under Section 301 of the Trade Act to address these issues.

The Office of the United States Trade Representative (USTR) announced that there will be no change to the current strategy regarding the enforcement of U.S. rights in the World Trade Organization dispute over Large Civil Aircraft subsidies from some European Union member states. This decision comes after a recent review of the goods subject to additional duties, effective January 12, 2021, concluded that no revisions are necessary. The USTR will continue to evaluate the situation moving forward.

The Office of the United States Trade Representative (USTR) determined that the United Kingdom's Digital Services Tax (DST) is unreasonable and discriminatory towards U.S. digital companies. The tax targets certain online services and has revenue thresholds that disadvantage U.S. businesses, while also conflicting with international tax principles by applying to revenue instead of income. This tax is seen as an unreasonable burden on U.S. commerce, and further proceedings will decide what actions, if any, the U.S. will take in response.