Internet Taxation

06/07/2021

Big tech supports global tax, but wants digital services levies axed

Steve DelBianco
Steve DelBianco President and CEO

NetChoice, which also has Facebook and Google among its members, had a different view.

“More taxes means higher costs for consumers and less R&D spending, at the same time the administration and Congress are clamoring for more R&D to compete with China,” President Steve DelBianco said in a statement.

DelBianco was unimpressed with the possibility of the deal scrapping digital services taxes. “That 15% tax is a floor — not a ceiling, and it’s not likely to stop European governments from enacting new digital taxes and taking antitrust action to hurt U.S. companies.” (Reporting by Diane Bartz; additional reporting by Paresh Dave; editing by Jonathan Oatis)

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