VATupdate

Share this post on

Italy and US Advocate for Fair Digital Services Tax to Boost Tech Investments

  • US and Italy released a joint statement on digital services tax
  • Meeting held between US President Donald Trump and Italy’s Prime Minister Giorgia Meloni
  • Emphasized the importance of a non-discriminatory digital services tax environment
  • Italy may adjust its digital service tax considered discriminatory by the US
  • Trump signed a memorandum to protect American companies from unfair foreign taxes
  • US digital economy led by tech companies is significant globally
  • Concerns over foreign governments imposing authority on US tech companies

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VATIT Compliance
VAT news
Pincvision

Advertisements:

  • Exchange Summit