Saturday May 25, 2019
Home Business U.S. Notifies...

U.S. Notifies World Trade Organization Against “Discriminatory” New Taxes on Digital Giants

The OECD is spearheading talks aimed at forging a new global agreement on taxing technology and digital giants who often declare their income in low-tax nations, depriving other countries of billions in revenue.

0
//
WTO
World Trade Organization (WTO) headquarters in Geneva, Switzerland, July 26, 2018. VOA

The U.S. is weighing a complaint at the World Trade Organization against “discriminatory” new taxes on digital giants such as a Facebook and Google which are being planned by France and other EU nations, a top US trade official said Tuesday.

“We think the whole theoretical basis of digital service taxes is ill-conceived and the effect is highly discriminatory against US-based multinationals,” Chip Harter, a Treasury official and US delegate for global tax talks, said in Paris.

social media
But that overhaul is expected until next year at the earliest, prompting France, Britain, Spain, Austria and Italy to move ahead with their own versions of a so-called “digital services tax” as soon as this year.
Pixabay

Speaking ahead of two days of talks at the Organization for Economic Cooperation and Development (OECD), Harter added that “various parts of our government are studying whether that discriminatory impact would give us rights under trade agreements and WTO treaties.”

The OECD is spearheading talks aimed at forging a new global agreement on taxing technology and digital giants who often declare their income in low-tax nations, depriving other countries of billions in revenue.

But that overhaul is expected until next year at the earliest, prompting France, Britain, Spain, Austria and Italy to move ahead with their own versions of a so-called “digital services tax” as soon as this year.

social media
The OECD is spearheading talks aimed at forging a new global agreement on taxing technology and digital giants who often declare their income in low-tax nations, depriving other countries of billions in revenue. Pixabay

Last week France unveiled draft legislation that would set a 3.0-percent levy on digital advertising, the sale of personal data and other revenue for tech groups with more than 750 million euros ($844 million) in worldwide revenue.

It would be applied retroactively from January 1, 2019, while the measures in the UK and other European countries might not come into effect until next year.

Also Read: Auto History Museum Displays One Of General Motors’ First Self-Driving Test Vehicles
“We do understand there’s political pressure around the world to tax various international businesses more heavily, and we actually agreed that that is appropriate,” Harter told journalists.

“But we think it should be done on a broader basis than just selecting a particular industry,” he said. (VOA)

Next Story

Vaccine Doubts Spread Across Social Media Like Disease, Should be Taken Down: Vaccine Chief

"We have to think about it as a disease. This is a disease," Berkley said. "This spreads at the speed of light, literally"

0
FILE - A vial of the measles, mumps, and rubella virus (MMR) vaccine is pictured at the International Community Health Services clinic in Seattle, Washington, U.S. VOA

Doubts about vaccines have spread across social media like a disease and false information that “kills people” should be taken down by the companies running digital platforms, the head of global vaccine alliance Gavi said on Tuesday.

Speaking at a U.S.-sponsored event on the sidelines of the World Health Organization’s annual assembly in Geneva, Gavi CEO Seth Berkley said there was a strong scientific consensus about the safety of vaccines.

But social media algorithms favored sensational content over scientific facts, rapidly convincing people who had never seen family members die from preventable illness.

“We have to think about it as a disease. This is a disease,” Berkley said. “This spreads at the speed of light, literally.”

vaccine
“A study says @Autism is out of control — a 78% increase in 10 years. Stop giving monstrous combined vaccinations,” Trump tweeted in 2012. Pixabay

WHO says poor vaccination coverage is causing measles outbreaks globally, with numbers spiking in countries that were previously almost free of the disease, including the United States.

Misinformation about vaccines, which the WHO says save two million lives annually, was not a freedom of speech issue and social media firms need to take it offline, Berkley said. “I remind people that this kills people,” he said.

U.S. Health and Human Services Secretary Alex Azar said complacency, misunderstanding and misinformation were causing vaccination rates to decline globally, with tragic results.

“In my country, social media conspiracy groups confuse well-meaning parents so they hesitate to get the recommended vaccinations,” Azar said.

He rejected any criticism of U.S. President Donald Trump, who repeatedly and erroneously tweeted about links between vaccines and autism in the years before he became president.

“A study says @Autism is out of control — a 78% increase in 10 years. Stop giving monstrous combined vaccinations,” Trump tweeted in 2012.

vaccine
Canada’s Chief Public Health Officer Theresa Tam said health authorities needed to “up our game,” adding that she was working with Twitter, Facebook, Google and other tech companies. Pixabay

Azar said Trump was “extremely firm” in support of vaccination.

“If you had been paying attention in the last month, you would know that the President of the United States, President Trump, was very clear and emphatic: get your shots, get your kids vaccinated, vaccines are safe,” Azar said.

ALSO READ: WHO to Strengthen Strategies to Combat Ebola Epidemic in Congo

Canada’s Chief Public Health Officer Theresa Tam said health authorities needed to “up our game,” adding that she was working with Twitter, Facebook, Google and other tech companies.

“You’ve got to get into the trenches … and begin to get engaged much more on a personal and emotional level, because people don’t understand statistics and data. If you do that. (VOA)