Search Results for keywords:"unreasonable or discriminatory"

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Search Results: keywords:"unreasonable or discriminatory"

  • Type:Notice
    Citation:86 FR 2478
    Reading Time:about 3 minutes

    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.

    Simple Explanation

    The U.S. noticed that India's rule about taxing companies from outside India is unfair to American businesses, like making them pay even if they don't earn profit there, and they plan to figure out what to do next.

  • Type:Notice
    Citation:86 FR 2480
    Reading Time:about 3 minutes

    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.

    Simple Explanation

    Turkey made a rule that makes it harder for big American companies to sell stuff online, and the U.S. trade group thinks that's not fair, so they plan to do something about it.