H.Res. 1340: Expressing strong opposition to the imposition of digital services taxes and other relevant similar measures by other countries that unfairly discriminate against United States companies.
H.Res. 1340 status: Referred.
What this bill does
Overall score
Bill summary
OfficialThis resolution calls on (1) all other countries to cease and desist from implementing any digital services tax (DST) or similar measure, repeal existing DSTs, and immediately stop unfairly targeting U.S. companies; and (2) U.S. government agencies to use all available methods and resources to protect U.S. companies fr...
Key analysis
Impact analysis
Environment
Benefits
- No direct effect on environmental policy
Risks
- No direct effect on environmental policy
Economy
Benefits
- Protects U.S. firms from discriminatory foreign taxes
- Encourages standard international income tax principles
Risks
- Potential for trade friction or retaliatory measures
- Could lead to prolonged international tax disputes
Society
Benefits
- No direct social policy impact
Risks
- No direct social policy impact
How trustworthy & consequential it is
Confidence
highhigh
Information is complete and verified.
Analysis status
Full bill text (Congress.gov)
Source used for this bill's analysis.
May invite trade retaliation from foreign nations referenced
Resolution is non-binding and does not enact law
Where it stands
Introduced
CompleteCommittee
CurrentReferred
Floor
UpcomingEnacted
UpcomingHow it affects your district
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