Taxes
U.S. Closes In on Deal This Week to Halt Europe’s Digital Taxes
- Agreement would avert what could have been a trade war
- Elimination of levies hinges on implementing global tax accord
Photographer: Chris Ratcliffe/Bloomberg
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The U.S. and several European countries are expected to announce as soon as this week the details of an agreement to end a long-running trade battle over digital taxes that ensnared the largest American tech firms including Facebook Inc. and Amazon.com Inc.