The WTO's digital customs charges moratorium expires in March, with three large developing economies signaling opposition to extension, potentially exposing digital service providers like Netflix and Amazon to taxes on digital trade.
The WTO's moratorium on digital customs charges, which has kept online transactions free of tariffs since 1998, is set to expire in March. At least three large developing economies are signaling they'll oppose another extension. If the moratorium isn't renewed, Netflix, Amazon and other digital service providers may face taxes on digital trade, affecting the fast-growing segment of world trade.
February 21, 2024
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