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US slams India, Italy on digital taxes, could impose retaliatory tariffs

  Digital services taxes adopted by India, Italy and Turkey discriminate against US companies and are inconsistent with international tax principles, the US Trade Representative’s office has said WASHINGTON (Reuters) -Digital services taxes adopted by India, Italy and Turkey discriminate against U.S. companies and are inconsistent with international tax principles, the U.S. Trade Representative’s office said on Wednesday, paving the way for potential retaliatory tariffs. USTR, releasing the findings of its “Section 301” investigations into the digital taxes, said it was not taking specific actions at this time, but “will continue to evaluate all available options.” The probes are among several still open USTR Section 301 investigations that could lead to tariffs before President Donald Trump leaves office or early in the administration of President-elect Joe Biden. Among these is a more advanced probe into France’s digital services tax. USTR had set a Jan. 6 deadline for implementi...