Search Results for keywords:"Trade Act"

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 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.

The U.S. Department of Commerce has decided to continue the countervailing duty order on sodium nitrite from China. This decision was made because removing these duties could lead to unfair government subsidies and harm American industries. The duties help prevent material injury by maintaining extra costs on imports. The current order will remain effective from February 5, 2025, and a new review will be initiated before the fifth anniversary of this date.

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 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.