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U.S. Skeptical About Permanent Safe Harbor for GLOBE Tax Framework

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Higher U.K. Digital Tax Rate May Cost U.S. Firms $4.4 Billion

  • By Stephanie Soong

If the United Kingdom's digital services tax were tripled and passed through to U.K. consumers, American companies could lose over $4 billion annually, according to a report from the Computer & Communications Industry Association.

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