Trump’s new tax bill contains ‘sledgehammer’ to hit back against foreign digital taxes

Biztoc.com - May 30, 2025

Trump’s new tax bill contains ‘sledgehammer’ to hit back against foreign digital taxes

U.S. President Donald Trump would have the power to retaliate against countries that impose special digital service taxes on large U.S. technology companies like Amazon AMZN-T and Alphabet GOOG-Q, under a provision in the sweeping tax bill that Congress is co…

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