US suspends duties in 6 countries, including Italy, for web tax – Ultima Ora

(ANSA) – NEW YORK, 02 JUN – The United States suspends duties on six countries, including Italy, to allow more time to reach an agreement on international taxation within the OECD. The duties that should have been imposed on Austria, India, Italy, Spain, Turkey and the United Kingdom were in retaliation for their national taxes on digital services. The European Commission has welcomed the US “decision”. A spokesman for the EU executive explained that the “multilateral negotiations” on the subject “underway at the OECD” are “the right place to find a global solution to the fair taxation of the digital sector” (ANSA).

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suspends duties countries including Italy web tax Ultima Ora

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