WASHINGTON: The United States is investigating digital services taxes being adopted or considered by Britain, Italy, Brazil and other countries, the US Trade Representative's office said on June 2, a move that could lead to new punitive tariffs and heighten trade tensions.
Such taxes are seen by several countries as a way to raise revenue from the local operations of companies including Alphabet Inc's Google and Facebook Inc.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
