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.
Source: LA INFORMACIÓN – Lo último by www.lainformacion.com.
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