WASHINGTON DC – National Foreign Trade Council (NFTC) Vice President for International Tax Policy Anne Gordon today issued the following statement in response to the U.S.-Turkey Joint Statement on a unilateral measures compromise:.
“We welcome the Treasury Department announcement that Turkey has joined Austria, France, Italy, Spain and the UK in agreeing to extend the standstill on Digital Services Taxes (DSTs).
“The success of the OECD process on digital taxation depends on the commitment of countries party to the process to hold off on any measures that might harm a global agreement. We urge other parties to this process to make similar commitments as the deadline for an agreement on Pillar One approaches.”
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About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade and tax policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses.