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U.S. House Ways and Means Committee Chairman Applauds EU "Abandonment" of Tax Proposal on Digital Services

|Proposed Changes|United States-European Union
United States-European Union

The U.S. House Ways and Means Committee has published a release from Chairman Kevin Brady (R-TX) applauding the EU's "abandonment" of the proposed digital services tax (DST) (previous coverage 12.5.2018). It is important to note, however, that the DST proposal has not been abandoned, but rather it is proposed that it be focused on digital advertising revenue, which is one of three revenue type…

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