Rep. Brady Lauds EU Dropping Digital Services Tax Proposal

The EU abandoning a proposal to tax digital services means the region won’t be singling out a “key global industry dominated by American companies,” said House Ways and Means Committee Chairman Kevin Brady, R-Texas, Tuesday. Instead of pursuing similar “double taxation,” other countries should continue working through the Organisation for Economic Co-operation and Development “framework on the important global dialogue regarding the digital economy,” he said.