Digital Taxes - a podcast by WHRO Public Media

The Trump administration is examining European taxes on American digital service providers and considering a tax, or tariff, of its own. In addition to the EU, Brazil, Indonesia, and others are considering similar taxes. Jordan Hass, of the Internet Association, a trade group representing companies like Amazon, Google, and Facebook, said in the Washington Post that taxes that target only American companies are discriminatory but to be fair, these taxes target an industry which happens to be American-dominated. Britain is considering a two percent tax on search engines with the European Commission going with three percent. Brazil is looking to pass an e-commerce sales tax, just like what we have here in the states. Trump has signaled that he will respond with tariffs on goods from those countries if the taxes are passed. To learn more, visit odu.edu/business. This Strome Business Minute is presented by the Strome College of Business at Old Dominion University.

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