The ‘Google rate’ approved by the Government of Spain discriminates against US companies, is inconsistent with the principles of international taxation, and restricts US foreign trade. This is the devastating conclusion reached by the Office of the United States Trade Representative regarding the Tax on Certain Digital Services approved by Spain in the framework of the investigation opened a few months ago against this tax figure and similar ones approved in seven other countries of the European Union and other economic areas.
Contrary to what happened with France, to which the United States threatened to impose rates and tariffs on its products worth 2,200 million euros, Washington will not take any punitive action in the commercial field against Spain in the first instance, although it will resolution of the Commercial Office specifies that the US Administration “will continue evaluating all available options”, which leaves the door open to further actions depending on the way in which the Government of Spain receives this resolution.
*The article has been translated based on the content of LA INFORMACIÓN – Lo último by www.lainformacion.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!