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International Trade

26 June 2020
Claudia Hartleben US withdrawal from international tax talks pulls numerous trading partners closer to new tariffs

USA - Arent Fox LLP

The Organisation for Economic Cooperation and Development's Inclusive Framework aims to reach an agreement on a multilateral taxation framework for the digitised economy by the end of 2020. However, US Trade Representative Robert Lighthizer recently confirmed that the United States has withdrawn its participation from the digital tax talks. The United States' withdrawal is a step towards new tariffs on imports from countries that apply their own digital services tax.

Author: Claudia Hartleben
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