The United States (US) wants to impose taxes on six countries for the introduction of a digital tax. In practice, this digital business tax primarily affects the US tech giants, which is a thorn in the side of the US government. The Americans therefore want import duties on products from Italy, Austria, Spain, Turkey and the United Kingdom.
Bloomberg reports this based on US government documents. Many tech giants have set up their European headquarters in an EU member state with a favorable tax rate. All turnover from other EU Member States is channeled through this country, which means that in practice companies pay relatively little tax. Several countries want to tackle this method by introducing a national digital tax, whereby tech giants must pay taxes in the country where they generate revenue.
The United States is strongly opposed to the legislation. Since many tech giants are American companies, in practice, digital taxes often hit American organizations. The United States is therefore threatening retaliation against countries that have introduced a digital tax for some time. The tariffs that the United States wants to introduce now can be as high as $ 1 billion a year. The rates can reach 25%. Italian caviar and handbags, British rides and makeup, Spanish footwear, and Austrian microphones and telescopes, among others, may be subject to additional taxes.