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US may impose tariffs on India, Italy for taxing internet firms like Google

Nov 20, 2020 - Business Standard India

The US will soon issue results of probes into Austria, Italy and India's decisions to tax local revenue of Internet companies such as Facebook Inc., which could pave the way for retaliatory tariffs The U.S. will soon issue the results of probes into Austria, Italy and India’s decisions to tax local revenue of Internet companies such as Facebook Inc., which could pave the way for retaliatory tariffs, people familiar with the situation said. Determinations on the three countries are due b...