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The United States is still negotiating on the digital service tax of the United Kingdom-Politico

Eleon by Eleon
May 9, 2025
in politics
0
The United States is still negotiating on the digital service tax of the United Kingdom-Politico

The American presidents of the two parties have long challenged the taxes imposed by foreign governments on major technological companies, arguing that they discriminate American companies such as Amazon, Facebook, Meta and Google.

But the new agreement that Trump praised the bumps on this dispute on Thursday, as well as several other particularly divisor problems such as potential American prices on pharmaceutical products.

The 2% digital services tax of the United Kingdom – which strikes companies earning more than $ 662.37 million worldwide and more than $ 33.12 million from British users – was a point of collision in talks. The tax was imposed in 2020 and targets the income of search engines, online markets and social media services worldwide.

In the United States, pro-Trade groups celebrated the Trump framework agreement and British Prime Minister Keir Starmer were deployed on Thursday, but also expressed their frustration that the issue of digital services is not resolved.

Jake Colvin, president of the National Foreign Trade Council, who represents the main American exporters, said in a statement that it would be “extremely disappointing if the United Kingdom does not use this opportunity to combat key commercial irritants such as its tax on digital services, which is a discriminatory policy that targets American companies.”

A British official, who has obtained anonymity to inform journalists from negotiations, admitted that the Trump administration had pressed the British government to get rid of the DST or at least reduce it or restructure it.

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