Expressing strong opposition to the imposition of digital services taxes by other countries that discriminate against United States companies.

12/15/2023, 3:51 PM

This resolution calls on (1) all other countries to cease and desist from implementing any digital services tax and to immediately stop unfairly targeting U.S. companies, and (2) U.S. government agencies to use all available methods and resources to protect U.S. companies from the discriminatory effects of digital services taxes. It also supports Congress looking at additional tools to address tax discrimination among U.S. trading partners, including tax countermeasures.

Bill 118 HRES 268, titled "Expressing strong opposition to the imposition of digital services taxes by other countries that discriminate against United States companies," is a resolution introduced in the US Congress. The purpose of this resolution is to voice the Congress's disapproval of digital services taxes that are imposed by other countries and that unfairly target American companies.

The resolution highlights the importance of fair and non-discriminatory taxation policies in the digital economy. It emphasizes that digital services taxes should be based on international agreements and standards to ensure a level playing field for all companies operating in the global market.

Furthermore, the resolution calls on the US government to take action against countries that implement discriminatory digital services taxes. It urges the administration to use diplomatic and economic tools to address these unfair practices and protect American businesses from being unfairly targeted. Overall, Bill 118 HRES 268 aims to protect US companies from discriminatory taxation policies imposed by other countries and to promote fair competition in the digital economy. It underscores the importance of upholding international standards and agreements to ensure a level playing field for all businesses.
Congress
118

Number
HRES - 268

Introduced on
2023-03-30

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/30/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This resolution calls on (1) all other countries to cease and desist from implementing any digital services tax and to immediately stop unfairly targeting U.S. companies, and (2) U.S. government agencies to use all available methods and resources to protect U.S. companies from the discriminatory effects of digital services taxes. It also supports Congress looking at additional tools to address tax discrimination among U.S. trading partners, including tax countermeasures.

Bill 118 HRES 268, titled "Expressing strong opposition to the imposition of digital services taxes by other countries that discriminate against United States companies," is a resolution introduced in the US Congress. The purpose of this resolution is to voice the Congress's disapproval of digital services taxes that are imposed by other countries and that unfairly target American companies.

The resolution highlights the importance of fair and non-discriminatory taxation policies in the digital economy. It emphasizes that digital services taxes should be based on international agreements and standards to ensure a level playing field for all companies operating in the global market.

Furthermore, the resolution calls on the US government to take action against countries that implement discriminatory digital services taxes. It urges the administration to use diplomatic and economic tools to address these unfair practices and protect American businesses from being unfairly targeted. Overall, Bill 118 HRES 268 aims to protect US companies from discriminatory taxation policies imposed by other countries and to promote fair competition in the digital economy. It underscores the importance of upholding international standards and agreements to ensure a level playing field for all businesses.
Alternative Names
Official Title as IntroducedExpressing strong opposition to the imposition of digital services taxes by other countries that discriminate against United States companies.

Policy Areas
Foreign Trade and International Finance

Comments

Recent Activity

Latest Summary10/27/2023

This resolution calls on (1) all other countries to cease and desist from implementing any digital services tax and to immediately stop unfairly targeting U.S. companies, and (2) U.S. government agencies to use all available methods and resources...


Latest Action3/30/2023
Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the comm...