U.S. groups claim European digital tax proposals violate GATS commitments

U.S. business groups say a proposed European digital services tax is a trade barrier that would discriminate against U.S. firms and violate the World Trade Organization’s General Agreement on Trade in Services. The latest iteration of the digital services tax was proposed by the United Kingdom in its budget proposal to British Parliament on Monday. Downing Street proposed a 2 percent tax on revenues generated from search engines, social media platforms and online marketplaces from companies with annual revenues exceeding...