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A 'sledgehammer' for US to retaliate against foreign digital taxes

Summary by InnovationAus
US President Donald Trump would have the power to retaliate against countries that impose special digital service taxes on large US technology companies like Amazon and Alphabet, under a provision in the sweeping tax bill that Congress is considering. “If foreign countries want to come in the United States and tax US businesses, then those...
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InnovationAus broke the news in on Saturday, May 31, 2025.
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