News & Analysis as of

Organization for Economic Co-operation and Development Tariffs

Skadden, Arps, Slate, Meagher & Flom LLP

Executive and Administrative Changes Shape Tax Policy Ahead of Legislation - The Trump Administration’s First 100 Days

The Trump administration has declared that prior U.S. commitments under the OECD’s Pillar Two agreement would have no domestic effect unless approved by Congress, reflecting long-standing opposition....more

Eversheds Sutherland (US) LLP

Tax Bytes: Week of February 24, 2025

Tax developments - Other countries’ response to United States position on the Global Tax Deal - On Friday, President Trump issued a memo discussing his administration’s intent to defend US companies from unfair foreign...more

Cadwalader, Wickersham & Taft LLP

Trump Administration 2.0—The First Executive Orders

Within the first month of President Trump’s second term, the nation has witnessed several executive actions relating to tax and tax administration that affect American businesses and consumers. This article summarizes some of...more

Katten Muchin Rosenman LLP

Will Pillar Two Crumble Before It's Built?

Over 135 jurisdictions signed up for a global Organisation for Economic Cooperation and Development (OECD) project in October 2021 aimed at reforming the international taxation system. A Two-Pillar approach was developed to...more

DLA Piper

White House Executive Orders Impacting Tax and Trade – Developments of the Week of February 3, 2025

DLA Piper on

Last week, the White House issued two Executive Order (EO) updates delaying the imposition of 25-percent tariffs on both Mexico and Canada until March 4, 2025, stating in both EO updates: “In recognition of the steps taken by...more

Holland & Knight LLP

A Look at President Trump's America First Trade Policy Executive Order and International Tax

Holland & Knight LLP on

On his first day in office, among the numerous Executive Orders (EO) released, President Donald Trump announced the America First Trade Policy EO designed to prioritize American interests in international trade and tax and,...more

A&O Shearman

Trump and House Republicans take aim at the global minimum tax and domestic tax measures

A&O Shearman on

Day one of the Trump administration and the impact of the new U.S. President and Republican-controlled House and Senate is being felt in many areas, including in the international tax sphere. On 20 January, President Trump...more

Paul Hastings LLP

President Trump’s Day One Executive Orders: Immediate Impact on U.S. Businesses and Multinationals

Paul Hastings LLP on

On Monday, President Trump followed through on his promise to sign nearly 100 executive orders on topics ranging from energy and the economy to border security, federal workforce reforms and a host of social issues discussed...more

WilmerHale

USTR Terminates Section 301 Actions on Digital Services Taxes in Austria, France, Italy, Spain and the United Kingdom; Treasury...

WilmerHale on

On November 19, the Office of the US Trade Representative (USTR) announced that it would terminate the actions it had taken under Section 301 of the Trade Act of 1974 with respect to digital services taxes (DSTs) adopted by...more

Husch Blackwell LLP

USTR Announces Agreement with Austria, France, Italy, Spain, and the United Kingdom on Section 301 Tariffs Related to Digital...

Husch Blackwell LLP on

The Office of the United States Trade Representative (“USTR”) announced that the Department of the Treasury has reached an agreement with Austria, France, Italy, Spain, and the United Kingdom regarding the treatment of...more

Kelley Drye & Warren LLP

United States Reaches Deal with Austria, France, Italy, Spain, and the United Kingdom to Avoid Section 301 Duties

Kelley Drye & Warren LLP on

Today, the Office of the U.S. Trade Representative (USTR) announced an agreement reached with five countries – Austria, France, Italy, Spain, and the United Kingdom – on digital services tax (DST) measures that had been...more

Husch Blackwell LLP

USTR Announces And Immediately Suspends Section 301 DSTs Tariffs Against Austria, India, Italy, Spain, Turkey, And UK

Husch Blackwell LLP on

The United States Trade Representative (“USTR”) Katherine Tai announced 25% additional tariffs on approximately $2 billion worth of imported goods from Austria, India, Italy, Spain, Turkey, and the United Kingdom (“UK”),...more

Husch Blackwell LLP

USTR Announces Continuation And Termination Of Section 301 Digital Services Taxes Investigations

Husch Blackwell LLP on

The United States Trade Representative (“USTR”) announced the continuation of certain Section 301 investigations related to digital services taxes (“DSTs”) and the termination of certain others. USTR originally initiated...more

Holland & Knight LLP

Digital Trade, Taxes and Tariffs … or Not?

Holland & Knight LLP on

Unilateral steps in a growing number of countries to raise tax revenue from digital services have raised global alarm in recent years, but they have particularly heightened concerns in the United States due to the...more

ArentFox Schiff

US Withdrawal From International Tax Talks Pulls Numerous Trading Partners Closer to New Tariffs

ArentFox Schiff on

Lighthizer testified that tariffs will be imposed if trading partners enforce digital service taxes. The Organisation for Economic Co-operation and Development’s (OECD) Inclusive Framework aims to reach an agreement on a...more

Sheppard Mullin Richter & Hampton LLP

Potential Impact of U.S.-France Trade Tension on U.S. Imports of French Products and Luxury Goods

On December 2, 2019, the U.S. Trade Representative (USTR) announced that in response to a digital services tax law passed in France, it would be retaliating with stringent tariffs on luxury products coming from France. The...more

White & Case LLP

USTR Proposes Tariffs on French Goods and Possible Restrictions on Services in Section 301 Investigation of France's Digital...

White & Case LLP on

On December 2, 2019, the Office of the US Trade Representative (USTR) announced its determination that France's Digital Services Tax (DST) is "unreasonable or discriminatory and burdens or restricts U.S. commerce" and is...more

King & Spalding

Trade & Manufacturing - October 2019

King & Spalding on

The U.S. International Trade Commission Initiates A Second Miscellaneous Tariff Bill Process - On October 11, 2019, the United States International Trade Commission (“Commission”) will again initiate the Miscellaneous...more

Eversheds Sutherland (US) LLP

US companies testify supporting USTR investigation of France’s digital services tax, on which US and France may have reached a...

On July 10, 2019, the US Trade Representative (USTR) initiated an investigation under Section 301 of the Trade Act of 1974 (Trade Act) with respect to France’s new Digital Services Tax (DST) Act (LOI n° 2019-759 du 24 juillet...more

Jones Day

French Parliament Passes GAFA Tax

Jones Day on

On July 11, 2019, the French Parliament adopted the bill creating a tax on digital services, applicable as from January 1, 2019. Failed International Attempts - The desire to adjust tax policy in the digital age is not...more

WilmerHale

USTR Launches Section 301 Probe of France's Digital Services Tax

WilmerHale on

The Office of the U.S. Trade Representative (“USTR”) announced on July 10 the initiation of an investigation under Section 301 of the Trade Act of 1974 into France’s digital services tax (“DST”). The French Senate...more

Bennett Jones LLP

Bennett Jones Fall 2018 Economic Outlook

Bennett Jones LLP on

Section I: Global Growth to 2021 - Recent Developments - The world economy has expanded at a solid rate in the first three quarters of 2018, although growth has been somewhat slower and less synchronized than during...more

Carlton Fields

Expect Focus – International, Summer 2015

Carlton Fields on

In This Issue: - TTIP’s Impact on U.S. and EU Trade Relations - Proposed Innovation Box Legislation - Justice Department Recovers Nearly $6 Billion From False Claims Act Cases in 2014 - Rules...more

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