rocket
Orbitax subscribers can now easily follow the latest COVID-19-related tax measures being implemented worldwide. New to Orbitax? Create a free account to access your dashboard and latest tax news.
News Share

The Tax Hub

Daily Tax Newsletter

United States

Responsive image

U.S. House Resolution Opposing Digital Services Taxes

The text of a resolution (H.Res.1097) has been published expressing strong opposition to the imposition of digital services taxes by other countries that discriminate against U.S. companies. The bipartisan resolution was introduced in the U.S. House of Representatives by Congressman Ron Estes (R-KS) and Congressman Dan Kildee (D-MI) on 1 September and referred to the Committee on Ways and Means and the Committee on Foreign Affairs. The main text of resolutions is as follows:

Resolved, That the House of Representatives—

(1) is committed to free and fair trade between the United States and other countries;

(2) agrees with the findings of the report issued by the United States Trade Representative on December 2, 2019, that concludes that the French digital services tax (DST) discriminates against United States companies and is in violation of existing international income tax and trade agreements;

(3) supports the Office of the United States Trade Representative for continuing its investigations into discriminatory DSTs through its notice of investigations issued on June 2, 2020;

(4) calls on all other countries to cease and desist from implementing any DST, and to immediately stop unfairly targeting United States companies;

(5) calls on all countries to continue to work towards consensus with the Organisation for Economic Co-operation and Development (OECD) to address the tax challenges of a global, digitalized economy; and

(6) calls on the relevant United States Government agencies to use all available methods and resources to protect United States companies from the discriminatory effects of DSTs.

Powerful Tax Tools

NEW

FX Rates

Global FX Rates including Tax Year Average FX Rates and Spot Rates for all Reporting Currencies.

NEW

Corporate Tax Rates

Corporate tax rates, surtaxes, and effective tax rates for the current year, as well as historical rates and approved future rates.

NEW

Country Analysis

Detailed tax guidance for companies doing business in over 100 countries, including summaries and snapshots of key tax facts and issues.

NEW

Cross Border Tax Calculator

Calculate total tax costs and benefits of a cross border transaction including withholding tax, participation exemption and foreign tax credit rules.

NEW

Cross Border Tax Rates

Provides Domestic, treaty and EU cross border tax rates for over 5,000 country combinations for 9 different payment streams.

NEW

OECD BEPS Project

Complete overview of the OECD BEPS Project, including daily BEPS news, country adoption of BEPS measures, and an overview of the 15 BEPS Actions.

NEW

Tax Calendar

Customizable calendar tool that tracks corporate income tax, value added tax and transfer pricing obligations by country or entity.

NEW

Tax Forms

English translations of key tax forms for over 80 countries, including tax return forms, treaty benefit forms, withholding tax forms, and more.

NEW

Worldwide Tax Treaties

Repository including thousands of tax treaties (in English), OECD, UN and US Models, relevant EU Directives, Technical Explanations, and more.

NEW

Worldwide Tax Planner

Calculates the worldwide tax cost of what-if scenarios based on legal entity structure, taxable income, and cross border transactions.

NEW

Certified Rates Report

Customizable Certified Rates Report providing updated corporate and withholding tax rates at the end of each month for over 100 countries.

NEW

Withholding Tax Minimizer

Enables quick calculation of tax costs and benefits of cross border transactions considering all possible transaction combinations and optimal routes.

NEW

VAT Rates

Provides value added tax (VAT) rates, goods and services tax (GST) rates and other indirect tax rates for over 100 countries.

NEW

NOL Calculator

Country specific calculator to determine how net operating losses can be utilized in carryback and carryforward years.

NEW

Transfer Pricing Calculator

Calculates TP ratios under various TP methods and calculates the difference between target ratios and actual ratios.

NEW

Individual Income Tax Rates

Individual tax rates for over 100 countries.

Play of the Day

Worldwide Tax Treaties

Repository including thousands of tax treaties (in English), OECD, UN and US Models, relevant EU Directives, Technical Explanations, and more.

We’re here to help

We’re here to answer any questions you have about the Orbitax products and services.

Send us a message

Who’s behind Orbitax?

We’re committed to providing high value, low cost tax research and management solutions.

Learn More