Digital Services Tax (DSTs) –
301 Taxes Terminated for European Countries

October 27, 2021

The Office of the U.S. Trade Representative announced on October 21, 2021 that an agreement had been reached with Austria, France, Italy, Spain and the United Kingdom on the multinational digital services tax. 

The U.S. will terminate the currently suspended additional 301 duties on imports from the five European countries. The suspension was set to expire in December 2021.

A new approach to taxing the multinational firms is currently in progress.

India and Turkey, which also levy DSTs on multinational firms, are not part of this agreement. The 25% DST Section 301 duties will remain in force for the 26 tariff classifications from India and the 32 tariff classifications from Turkey.

If have questions about ths or other Customs matters, such as past duties paid under Sec. 301, and/or discussing Sec. 301 duty avoidance strategies, such as use of Country of Origin transference or use of “First Sale” valuation, please contact George R. Tuttle, III at geo@tuttlelaw.com or at 415-986-8780.

 

The information in this article is general in nature and is not intended to constitute legal advice or to create an attorney-client relationship with respect to any event or occurrence and may not be considered as such.

Copyright © 2021 by Tuttle Law Offices. 
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Information has been obtained from sources believed to be reliable.  However, because of the possibility of human or mechanical error by our offices or by others, we do not guarantee the accuracy, adequacy, or completeness of any information and are not responsible for any errors, omissions, or for the results obtained from the use of such information.

 

 

 

 

 

 

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